Commerzbank (CBK) PT Set at €9.50 by Morgan Stanley

Commerzbank (ETR:CBK) has been assigned a €9.50 ($11.05) price target by stock analysts at Morgan Stanley in a research note issued on Wednesday. The firm currently has a “neutral” rating on the financial services provider’s stock. Morgan Stanley’s price objective points to a potential upside of 51.27% from the stock’s previous close.

A number of other equities analysts have also recently commented on CBK. 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. UBS Group set a €10.20 ($11.86) price target on shares of Commerzbank and gave the stock a “buy” rating in a research note on Thursday, September 13th. Deutsche Bank set a €10.00 ($11.63) price target on shares of Commerzbank and gave the stock a “neutral” rating in a research note on Tuesday, September 18th. Royal Bank of Canada set a €11.00 ($12.79) price target on shares of Commerzbank and gave the stock a “buy” rating in a research note on Wednesday, September 19th. Finally, Credit Suisse Group set a €9.00 ($10.47) price target on shares of Commerzbank and gave the stock a “neutral” rating in a research note on Wednesday, October 3rd. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of €9.79 ($11.38).

CBK stock opened at €6.28 ($7.30) on Wednesday. Commerzbank has a one year low of €7.82 ($9.09) and a one year 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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