The DZ Bank AG Reaffirmed Sell Rating for Commerzbank AG (CBK)

The DZ Bank AG Reaffirmed Sell Rating for Commerzbank AG (CBK)

DZ Bank AG reissued their sell rating on shares of Commerzbank AG (ETR:CBK) in a report released on Wednesday morning.

A number of other research analysts have also weighed in on CBK. Independent Research GmbH set a €6.00 ($6.45) target price on shares of Commerzbank AG and gave the company a neutral rating in a report on Tuesday, August 2nd. Bankhaus Lampe set a €10.00 ($10.75) target price on shares of Commerzbank AG and gave the company a buy rating in a report on Tuesday, July 26th. Nord/LB set a €8.50 ($9.14) target price on shares of Commerzbank AG and gave the company a buy rating in a report on Tuesday, July 26th. BNP Paribas set a €6.50 ($6.99) target price on shares of Commerzbank AG and gave the company a neutral rating in a report on Monday, November 7th. Finally, S&P Global Inc. set a €5.80 ($6.24) target price on shares of Commerzbank AG and gave the company a neutral rating in a report on Tuesday, August 2nd. Six equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of €7.21 ($7.76).

Commerzbank AG (ETR:CBK) opened at 6.59 on Wednesday. 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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