Commerzbank (ETR:CBK) has been assigned a €9.00 ($10.47) target price by investment analysts at JPMorgan Chase & Co. in a research report issued on Thursday. The brokerage presently has a “buy” rating on the financial services provider’s stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 28.87% from the company’s current price.

A number of other research firms also recently issued reports on CBK. HSBC set a €10.00 ($11.63) price target on Commerzbank and gave the company a “buy” rating in a research note on Tuesday, December 18th. Deutsche Bank set a €10.00 ($11.63) price target on Commerzbank and gave the company a “neutral” rating in a research note on Tuesday, December 4th. Morgan Stanley set a €9.50 ($11.05) price target on Commerzbank and gave the company a “neutral” rating in a research note on Tuesday, November 27th. Royal Bank of Canada set a €8.50 ($9.88) price target on Commerzbank and gave the company a “buy” rating in a research note on Friday, January 18th. Finally, Nord/LB set a €6.50 ($7.56) price target on Commerzbank and gave the company a “neutral” rating in a research note on Thursday, February 14th. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and seven have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of €9.01 ($10.48).

Commerzbank stock opened at €6.98 ($8.12) on Thursday. The stock has a market cap of $270.53 million and a price-to-earnings ratio of -8.60. Commerzbank has a 52-week low of €0.31 ($0.36) and a 52-week high of €13.82 ($16.07).

Commerzbank Company Profile

Commerzbank Aktiengesellschaft provides banking and capital market services to private and small business customers, corporate clients, multinationals, financial service providers, and institutional clients worldwide. It operates through Private and Small-Business Customers; Corporate Clients; and Asset & Capital Recovery segments.

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Analyst Recommendations for Commerzbank (ETR:CBK)

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