The JPMorgan Chase & Co. Downgrades Commerzbank AG (CRZBY) to Neutral

The JPMorgan Chase & Co. Downgrades Commerzbank AG (CRZBY) to Neutral

Commerzbank AG (NASDAQ:CRZBY) was downgraded by equities researchers at JPMorgan Chase & Co. from an “overweight” rating to a “neutral” rating in a research note issued on Thursday.

A number of other equities analysts have also recently issued reports on CRZBY. BNP Paribas cut Commerzbank AG from an “outperform” rating to a “neutral” rating in a report on Wednesday, October 5th. Deutsche Bank AG cut Commerzbank AG from a “buy” rating to a “hold” rating in a report on Wednesday, October 5th.

Commerzbank AG (NASDAQ:CRZBY) opened at 6.44 on Thursday. Commerzbank AG has a 12-month low of $5.83 and a 12-month high of $11.96. The firm has a market cap of $8.07 billion and a PE ratio of 9.10. The firm has a 50-day moving average price of $6.85 and a 200 day moving average price of $7.48.

Commerzbank AG Company Profile

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