Commerzbank Ag (ETR:CBK) Given a €9.60 Price Target by J P Morgan Chase & Co Analysts

J P Morgan Chase & Co set a €9.60 ($11.29) target price on Commerzbank Ag (ETR:CBK) in a report published on Friday, July 21st. The brokerage currently has a neutral rating on the financial services provider’s stock.

CBK has been the subject of a number of other reports. HSBC Holdings plc set a €9.20 ($10.82) target price on shares of Commerzbank Ag and gave the company a neutral rating in a report on Friday, July 21st. UBS AG set a €11.50 ($13.53) target price on shares of Commerzbank Ag and gave the company a neutral rating in a report on Wednesday, July 19th. Citigroup Inc. set a €12.80 ($15.06) target price on shares of Commerzbank Ag and gave the company a buy rating in a report on Tuesday, July 18th. Kepler Capital Markets set a €11.00 ($12.94) price target on shares of Commerzbank Ag and gave the company a neutral rating in a research report on Monday, July 17th. Finally, Deutsche Bank AG set a €9.00 ($10.59) price target on shares of Commerzbank Ag and gave the company a neutral rating in a research report on Wednesday, July 12th. Six equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and two have issued a buy rating to the company. Commerzbank Ag presently has an average rating of Hold and a consensus price target of €8.98 ($10.57).

Shares of Commerzbank Ag (ETR:CBK) traded up 0.46% during mid-day trading on Friday, reaching €10.94. 116,434 shares of the company’s stock traded hands. Commerzbank Ag has a 12-month low of €5.33 and a 12-month high of €11.73. The stock’s market capitalization is €13.70 billion. The company’s 50-day moving average price is €10.99 and its 200-day moving average price is €9.22.

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