Commerzbank (ETR:CBK) Given a €7.40 Price Target by UBS Group Analysts

Commerzbank (ETR:CBK) has been given a €7.40 ($8.60) price target by equities researchers at UBS Group in a report issued on Tuesday, Borsen Zeitung reports. The firm presently has a “neutral” rating on the financial services provider’s stock. UBS Group’s price objective suggests a potential upside of 19.35% from the stock’s previous close.

Other analysts also recently issued research reports about the stock. Royal Bank of Canada set a €8.00 ($9.30) target price on shares of Commerzbank and gave the stock a “neutral” rating in a research report on Thursday, April 4th. JPMorgan Chase & Co. set a €8.75 ($10.17) target price on shares of Commerzbank and gave the stock a “buy” rating in a research report on Wednesday, April 24th. HSBC set a €10.00 ($11.63) target price on shares of Commerzbank and gave the stock a “buy” rating in a research report on Wednesday, April 24th. Nord/LB set a €8.50 ($9.88) target price on shares of Commerzbank and gave the stock a “neutral” rating in a research report on Thursday, April 25th. Finally, Warburg Research set a €6.70 ($7.79) target price on shares of Commerzbank and gave the stock a “neutral” rating in a research report on Tuesday, April 30th. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and six have assigned a buy rating to the stock. Commerzbank currently has an average rating of “Hold” and an average target price of €8.94 ($10.39).

ETR:CBK opened at €6.20 ($7.21) on Tuesday. The company has a market cap of $7.76 billion and a price-to-earnings ratio of 10.75. Commerzbank has a twelve month low of €5.50 ($6.40) and a twelve month high of €9.81 ($11.41).

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 two segments, Private and Small-Business Customers and Corporate Clients segments.

Featured Article: Using other technical indicators with support levels

Analyst Recommendations for Commerzbank (ETR:CBK)

Receive News & Ratings for Commerzbank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Commerzbank and related companies with MarketBeat.com's FREE daily email newsletter.