Commerzbank AG (NASDAQ:CRZBY) was downgraded by Deutsche Bank AG from a “buy” rating to a “hold” rating in a research report issued on Wednesday.

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Separately, BNP Paribas raised shares of Commerzbank AG from a “neutral” rating to an “outperform” rating in a research report on Thursday, September 1st.

Shares of Commerzbank AG (NASDAQ:CRZBY) traded up 0.614% during trading on Wednesday, reaching $6.555. 39,119 shares of the company traded hands. 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. The firm has a market capitalization of $8.21 billion and a PE ratio of 9.258.

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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