Commerzbank’s (CBK) “Sell” Rating Reaffirmed at DZ Bank

Commerzbank (ETR:CBK)‘s stock had its “sell” rating reaffirmed by equities research analysts at DZ Bank in a research report issued to clients and investors on Friday.

CBK has been the topic of a number of other reports. Citigroup restated a “buy” rating on shares of Commerzbank in a report on Tuesday, November 21st. Deutsche Bank set a €10.50 ($12.50) price target on Commerzbank and gave the stock a “neutral” rating in a report on Wednesday, October 18th. Morgan Stanley set a €11.15 ($13.27) price target on Commerzbank and gave the stock a “neutral” rating in a report on Monday, October 23rd. set a €11.50 ($13.69) price target on Commerzbank and gave the stock a “neutral” rating in a report on Friday, October 20th. Finally, J P Morgan Chase & Co set a €9.60 ($11.43) price target on Commerzbank and gave the stock a “neutral” rating in a report on Thursday, November 9th. Five investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and one has issued a buy rating to the company. Commerzbank presently has an average rating of “Hold” and an average price target of €10.22 ($12.17).

Commerzbank (CBK) opened at €12.53 ($14.91) on Friday. Commerzbank has a twelve month low of €6.97 ($8.30) and a twelve month high of €12.83 ($15.27).

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