Barclays (LON:BARC) analyst Jun Yang maintained a Sell rating on Commerzbank AG (OTC:CRZBY) on Monday, setting a price target of EUR5.5, which is approximately 12.46% below the present share price of $7.33.
Yang expects Commerzbank (DE:CBKG) AG to post earnings per share (EPS) of -$0.54 for the fourth quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Hold rating of shares in Commerzbank AG, with an average price target of $7.31.
The analysts price targets range from a high of $8.75 to a low of $6.41.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $2.27 billion and a net profit of $0. The company's market cap is $9.22 billion.
According to TipRanks.com, Barclays analyst Jun Yang is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -8.5% and a 27.27% success rate.
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.