Commerzbank AG (CRZBY) received a Buy rating and a EUR7.00 price target from Kepler Capital analyst Tobias Lukesch on November 25. The company’s shares closed last Wednesday at $6.36.
Lukesch has an average return of 13.4% when recommending Commerzbank AG.
According to TipRanks.com, Lukesch is ranked #1711 out of 7118 analysts.
Commerzbank AG has an analyst consensus of Moderate Buy, with a price target consensus of $7.33.
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Commerzbank AG’s market cap is currently $7.36B and has a P/E ratio of -41.80. The company has a Price to Book ratio of 0.24.
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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.
