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

Several other equities research analysts also recently commented on CRZBY. BNP Paribas upgraded Commerzbank AG from a “neutral” rating to an “outperform” rating in a report on Thursday, September 1st. Deutsche Bank AG downgraded Commerzbank AG from a “buy” rating to a “hold” rating in a report on Wednesday.

Shares of Commerzbank AG (NASDAQ:CRZBY) traded down 1.07% during midday trading on Thursday, reaching $6.50. The company’s stock had a trading volume of 514 shares. Commerzbank AG has a 1-year low of $5.83 and a 1-year high of $11.96. The company’s 50-day moving average price is $6.86 and its 200 day moving average price is $7.50. The firm has a market capitalization of $8.14 billion and a PE ratio of 9.17.

Commerzbank AG Company Profile

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

Receive News & Stock Ratings for Commerzbank AG Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Commerzbank AG and related stocks with our FREE daily email newsletter.