Commerzbank (CBK) Given a €10.50 Price Target at Goldman Sachs Group

Goldman Sachs Group set a €10.50 ($12.50) price target on Commerzbank (ETR:CBK) in a research note released on Wednesday. The firm currently has a neutral rating on the financial services provider’s stock.

A number of other research firms also recently commented on CBK. Citigroup restated a buy rating on shares of Commerzbank in a research report on Tuesday, November 21st. Royal Bank Of Canada set a €9.00 ($10.71) target price on Commerzbank and gave the company a neutral rating in a research report on Friday, December 1st. Deutsche Bank set a €10.50 ($12.50) target price on Commerzbank and gave the company a neutral rating in a research report on Friday, November 10th. S&P Global set a €10.00 ($11.90) target price on Commerzbank and gave the company a sell rating in a research report on Friday, November 10th. Finally, Warburg Research set a €11.10 ($13.21) target price on Commerzbank and gave the company a neutral rating in a research report on Monday, November 6th. Five investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and one has given a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of €10.23 ($12.17).

Commerzbank (ETR:CBK) traded up €0.17 ($0.20) during trading on Wednesday, reaching €12.26 ($14.60). The company’s stock had a trading volume of 3,106,013 shares, compared to its average volume of 11,690,000. Commerzbank has a 52 week low of €6.43 ($7.65) and a 52 week high of €12.48 ($14.86).

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