The Commerzbank AG (CBK) Given a €9.00 Price Target by Bankhaus Lampe Analysts

The Commerzbank AG (CBK) Given a €9.00 Price Target by Bankhaus Lampe Analysts

Commerzbank AG (ETR:CBK) has been assigned a €9.00 ($9.68) price target by investment analysts at Bankhaus Lampe in a research note issued to investors on Thursday. The brokerage presently has a “buy” rating on the stock.

CBK has been the subject of a number of other reports. RBC Capital Markets set a €7.00 ($7.53) price objective on shares of Commerzbank AG and gave the company a “neutral” rating in a report on Thursday, September 29th. BNP Paribas set a €7.60 ($8.17) price objective on shares of Commerzbank AG and gave the company a “buy” rating in a report on Thursday, September 1st. equinet AG set a €7.50 ($8.06) price objective on shares of Commerzbank AG and gave the company a “buy” rating in a report on Wednesday, September 28th. Deutsche Bank AG set a €9.00 ($9.68) price objective on shares of Commerzbank AG and gave the company a “buy” rating in a report on Wednesday, July 27th. Finally, Nord/LB set a €8.50 ($9.14) price objective on shares of Commerzbank AG and gave the company a “buy” rating in a report on Thursday, September 29th. Six investment analysts have rated the stock with a sell rating, fourteen have given a hold rating and five have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of €7.21 ($7.76).

Commerzbank AG (ETR:CBK) opened at 6.59 on Thursday. The stock has a market capitalization of €8.25 billion and a P/E ratio of 30.94. The firm’s 50-day moving average is €6.30 and its 200-day moving average is €6.30. Commerzbank AG has a 12 month low of €5.16 and a 12 month high of €10.50.

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