Commerzbank AG (CRZBY) was Upgraded to a Buy Rating at Kepler Capital


In a report issued on November 10, Christoffer Adams from Kepler Capital upgraded Commerzbank AG (CRZBY) to Buy, with a price target of EUR7.00. The company’s shares closed last Wednesday at $5.56.

According to TipRanks.com, Adams is a 1-star analyst with an average return of -1.0% and a 50.0% success rate. Adams covers the Financial sector, focusing on stocks such as SpareBank 1 Nord-Norge, Banca Mediolanum SpA, and Helgeland Sparebank.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Commerzbank AG with a $7.25 average price target.

See today’s analyst top recommended stocks >>

The company has a one-year high of $7.33 and a one-year low of $3.09. Currently, Commerzbank AG has an average volume of 6,574.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Commerzbank operates primarily in Europe. Germany, the group’s home country, contributes about 70% to total income. The bank operates two business segments: private and small-business customers as well as corporate clients. In its private and small-business segment, the group runs its branch business, a mobile bank with a focus on the Polish market, an online broker, and an asset manager for physical assets. Its corporate client business provides cash management and trade finance solutions to small and medium-size enterprises and large corporates.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts