Commerzbank (CBK) PT Set at €9.00 by Credit Suisse Group

Credit Suisse Group set a €9.00 ($10.47) target price on Commerzbank (ETR:CBK) in a research report released on Wednesday, October 3rd. The brokerage currently has a neutral rating on the financial services provider’s stock.

A number of other brokerages also recently weighed in on CBK. Goldman Sachs Group set a €11.00 ($12.79) target price on shares of Commerzbank and gave the company a neutral rating in a research note on Wednesday, September 12th. Morgan Stanley set a €10.00 ($11.63) target price on shares of Commerzbank and gave the company 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. Finally, 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. Three equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have assigned a buy rating to the company’s stock. Commerzbank currently has a consensus rating of Hold and an average price target 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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