Several other brokerages have also weighed in on CBK. Deutsche Bank AG set a €8.00 ($9.20) price objective on Commerzbank Ag and gave the company a "neutral" rating in a research report on Wednesday, June 28th. Kepler Capital Markets set a €10.00 ($11.49) target price on Commerzbank Ag and gave the stock a buy rating in a report on Wednesday, April 5th. Morgan Stanley set a €9.35 ($10.75) target price on shares of Commerzbank Ag and gave the stock a neutral rating in a report on Friday, May 5th. Macquarie set a €210.00 ($241.38) target price on shares of adidas AG and gave the stock a buy rating in a research note on Saturday, May 20th. Barclays PLC set a €6.00 ($6.90) target price on shares of Commerzbank Ag and gave the stock a sell rating in a research note on Saturday, May 20th. J P Morgan Chase & Co set a €9.60 ($11.03) target price on shares of Commerzbank Ag and gave the stock a neutral rating in a research note on Saturday, May 20th. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and twelve have given a buy rating to the stock.
Nasdaq, S&P open at record highs
Dow-component IBM reported mixed quarterly results, with earnings per share topping expectations and sales disappointing. The S&P 500 hit a record intraday high at the open, with health care leading advancers.
Shares of Commerzbank Ag (CBK) opened at 10.625 on Tuesday. 67,957 shares of the company traded hands. The company presently has an average rating of "Hold" and a consensus price target of €8.65 ($9.95). The stock has a market cap of €36.29 billion and a price-to-earnings ratio of 32.706. adidas AG has a 52-week low of €123.99 and a 52-week high of €187.81.
ILLEGAL ACTIVITY NOTICE: "Deutsche Bank AG Reaffirms Neutral Rating for Commerzbank Ag (ETR:CBK)" was reported by BBNS and is the sole property of of BBNS.
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