Commerzbank AG (NASDAQ:CRZBY) was downgraded by investment analysts at BNP Paribas from an “outperform” rating to a “neutral” rating in a note issued to investors on Wednesday.

Separately, Deutsche Bank AG downgraded Commerzbank AG from a “buy” rating to a “hold” rating in a research report on Wednesday.

Commerzbank AG (NASDAQ:CRZBY) traded up 0.614% during mid-day trading on Wednesday, hitting $6.555. 39,119 shares of the stock were exchanged. The stock has a market capitalization of $8.21 billion and a P/E ratio of 9.258. The firm has a 50-day moving average price of $6.86 and a 200-day moving average price of $7.51. Commerzbank AG has a 12-month low of $5.83 and a 12-month high of $11.96.

About Commerzbank AG

Commerzbank AG is a bank for private and corporate customers. The Bank’s business segments are Private Customers, Mittelstandsbank, Central & Eastern Europe, Corporates & Markets and Non-Core Assets. The Private Customers segment comprises the Private Customers, Direct Banking and Commerz Real Group divisions.

5 Day Chart for NASDAQ:CRZBY

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