Commerzbank AG Stock Rating Target Price : Commerzbank AG (ETR: CBK)‘s stock had its “reduce” rating reaffirmed by research analysts at Oddo & Cie in a report released on Thursday, Stock Ratings Network.com reports. They currently have a €1.40 ($1.84) target price on the stock.
Shares of Commerzbank AG (ETR: CBK) traded down 0.95% during mid-day trading on Thursday, hitting €1.142. Commerzbank AG has a 52 week low of €1.114 and a 52 week high of €1.748. The stock’s 50-day moving average is currently €1.43.
A number of other firms have also recently commented on CBK. Analysts at BNP Paribas reiterated an “underperform” rating on shares of Commerzbank AG in a research note to investors on Wednesday. They now have a €1.30 ($1.71) price target on the stock. Separately, analysts at AlphaValue reiterated a “sell” rating on shares of Commerzbank AG in a research note to investors on Friday, April 5th. They now have a €0.99 ($1.31) price target on the stock. Finally, analysts at AlphaValue reiterated a “sell” rating on shares of Commerzbank AG in a research note to investors on Thursday, March 28th. They now have a €1.00 ($1.31) price target on the stock.
Ten equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of €1.40 ($1.84).
COMMERZBANK AG is a Germany-based bank for private and corporate customers in Germany. The bank operates six business segments: Private Customers, which operates Retail, Business and Wealth Management Customers, Sales Retail and Business Customers North-East and South-West, Sales Wealth Management, and Credit operating units, among others; Mittelstandsbank, which operates Small and Medium Enterprises, Large Corporations, Corporate Banking, Corporates International and Financial Institutions units; Central & Eastern Europe, which operates CEE-Holding/Subsidiaries & Branches, BRE Bank and Bank Forum units; Corporates & Markets, which operates Equity Markets & Commodities, Fixed Income Trading, Corporate Finance, Fixed Income Sales, Client Relationship Management, and Research units, among others; Asset Based Finance, which operates CRE Germany, Public Finance and Ship Finance units, among others, and Portfolio Restructuring Unit, which operates Portfolio Restructuring Unit.
Commerzbank AG stock outlook 2013, Commerzbank AG shares prices prediction 2013, Commerzbank AG stock rating 2013