Todays Report: Today, Commerzbank AG (CBK) Given a €6.50 Price Target at JPMorgan Chase & Co.

Today, Commerzbank AG (CBK) Given a €6.50 Price Target at JPMorgan Chase & Co.

Commerzbank AG (ETR:CBK) received a €6.50 ($6.99) target price from investment analysts at JPMorgan Chase & Co. in a note issued to investors on Monday. The brokerage currently has a “neutral” rating on the stock.

Other research analysts have also issued research reports about the stock. equinet AG set a €10.00 ($10.75) price objective on shares of Commerzbank AG and gave the stock a “buy” rating in a research note on Monday, August 1st. Bankhaus Lampe set a €10.00 ($10.75) price objective on shares of Commerzbank AG and gave the stock a “buy” rating in a research note on Tuesday, July 26th. Nord/LB set a €9.25 ($9.95) price objective on shares of Commerzbank AG and gave the stock a “buy” rating in a research note on Wednesday, July 20th. Societe Generale reiterated a “buy” rating and set a price objective on shares of Commerzbank AG in a research note on Monday, August 1st. Finally, Deutsche Bank AG set a €9.00 ($9.68) price objective on shares of Commerzbank AG and gave the stock a “buy” rating in a research note on Wednesday, July 27th. Six research analysts have rated the stock with a sell rating, fourteen have given a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of €7.21 ($7.76).

Shares of Commerzbank AG (ETR:CBK) traded down 2.21% on Monday, hitting €6.59. 83,724 shares of the stock traded hands. Commerzbank AG has a one year low of €5.16 and a one year high of €10.50. The stock has a 50 day moving average of €6.30 and a 200 day moving average of €6.30. The company has a market cap of €8.25 billion and a PE ratio of 30.94.

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