Trade Report: The Commerzbank AG (CBK) Given a €7.30 Price Target by Oddo Securities Analysts

The Commerzbank AG (CBK) Given a €7.30 Price Target by Oddo Securities Analysts

Commerzbank AG (ETR:CBK) has been assigned a €7.30 ($8.11) target price by Oddo Securities in a report released on Tuesday. The firm currently has a a “neutral” rating on the stock.

CBK has been the subject of several other research reports. Warburg Research set a €6.10 ($6.78) price target on shares of Commerzbank AG and gave the company a “neutral” rating in a report on Friday, August 26th. Citigroup Inc. set a €6.90 ($7.67) price objective on shares of Commerzbank AG and gave the company a “neutral” rating in a research note on Thursday, September 29th. JPMorgan Chase & Co. set a €10.00 ($11.11) price objective on shares of Commerzbank AG and gave the company a “buy” rating in a research note on Monday, June 27th. equinet AG set a €7.50 ($8.33) price objective on shares of Commerzbank AG and gave the company a “buy” rating in a research note on Wednesday, September 28th. Finally, HSBC set a €7.00 ($7.78) price objective on shares of Commerzbank AG and gave the company a “buy” rating in a research note on Thursday, September 1st. Five investment analysts have rated the stock with a sell rating, fifteen have given a hold rating and five have given a buy rating to the company’s stock. Commerzbank AG presently has a consensus rating of “Hold” and a consensus target price of €7.24 ($8.04).

Shares of Commerzbank AG (ETR:CBK) opened at 5.801 on Tuesday. The firm’s 50 day moving average is €6.07 and its 200 day moving average is €6.61. Commerzbank AG has a 1-year low of €5.16 and a 1-year high of €10.86. The firm has a market capitalization of €7.26 billion and a PE ratio of 9.179.

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