Commerzbank (ETR:CBK) Given a €10.00 Price Target by Morgan Stanley Analysts

Commerzbank (ETR:CBK) has been given a €10.00 ($11.63) price objective by investment analysts at Morgan Stanley in a research note issued on Wednesday, October 3rd. The brokerage presently has a “neutral” rating on the financial services provider’s stock. Morgan Stanley’s price objective would indicate a potential upside of 16.66% from the stock’s current price.

A number of other equities analysts also recently issued reports on the stock. Goldman Sachs Group set a €11.00 ($12.79) price target on shares of Commerzbank and gave the stock a “neutral” rating in a research note on Wednesday, September 12th. Deutsche Bank set a €10.00 ($11.63) target price on shares of Commerzbank and gave the company a “neutral” rating in a research note on Tuesday, September 18th. Berenberg Bank set a €8.60 ($10.00) target price on shares of Commerzbank and gave the company a “neutral” rating in a research note on Monday, August 13th. equinet set a €13.00 ($15.12) target price on shares of Commerzbank and gave the company a “neutral” rating in a research note on Tuesday, August 7th. Finally, UBS Group set a €10.20 ($11.86) target price on shares of Commerzbank and gave the company a “buy” rating in a research note on Thursday, September 13th. Three analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have issued a buy rating to the company. Commerzbank currently has a consensus rating of “Hold” and an average target price of €10.51 ($12.22).

Shares of ETR:CBK opened at €8.57 ($9.97) on Wednesday. Commerzbank has a 12 month low of €7.82 ($9.09) and a 12 month high of €13.82 ($16.07).

About Commerzbank

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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