The Commerzbank Ag (CBK) Receives “Sell” Rating from DZ Bank AG

The Commerzbank Ag (CBK) Receives “Sell” Rating from DZ Bank AG

DZ Bank AG restated their sell rating on shares of Commerzbank Ag (ETR:CBK) in a research report sent to investors on Wednesday morning.

Other equities research analysts also recently issued reports about the stock. HSBC Holdings plc set a €9.20 ($10.82) price target on shares of Commerzbank Ag and gave the company a neutral rating in a research note on Friday, July 21st. Deutsche Bank AG set a €8.00 ($9.41) price target on shares of Commerzbank Ag and gave the company a neutral rating in a research note on Wednesday, June 28th. Barclays PLC set a €6.00 ($7.06) price target on shares of Commerzbank Ag and gave the company a sell rating in a research note on Wednesday, June 28th. Goldman Sachs Group, Inc. (The) set a €9.65 ($11.35) price target on shares of Commerzbank Ag and gave the company a neutral rating in a research note on Wednesday, August 2nd. Finally, equinet AG set a €9.50 ($11.18) price target on shares of Commerzbank Ag and gave the company a neutral rating in a research note on Wednesday, August 2nd. Five equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus price target of €9.62 ($11.32).

Shares of Commerzbank Ag (ETR CBK) traded down 0.675% during trading on Wednesday, hitting €12.073. 102,674 shares of the company’s stock were exchanged. The stock’s market cap is €15.12 billion. The stock’s 50-day moving average price is €11.20 and its 200-day moving average price is €10.27. Commerzbank Ag has a 1-year low of €5.85 and a 1-year high of €12.40.

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