In a report released on November 22, Tobias Lukesch from Kepler Capital maintained a Buy rating on Commerzbank (0RLW – Research Report), with a price target of €25.00. The company’s shares closed last Friday at €15.28.
According to TipRanks, Lukesch is a 5-star analyst with an average return of 13.2% and a 66.54% success rate.
Currently, the analyst consensus on Commerzbank is a Moderate Buy with an average price target of €18.44, which is a 20.72% upside from current levels. In a report released on November 7, Deutsche Bank also maintained a Buy rating on the stock with a €18.50 price target.
The company has a one-year high of €16.96 and a one-year low of €10.15. Currently, Commerzbank has an average volume of 2.56M.
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Commerzbank (0RLW) Company Description:
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.
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