Kepler Capital analyst Mariano Miguel maintained a Buy rating on Commerzbank AG (OTC:CRZBY) on Wednesday, setting a price target of EUR7, which is approximately 20.44% above the present share price of $7.07.
Miguel expects Commerzbank (DE:CBKG) AG to post earnings per share (EPS) of $0.00 for the first quarter of 2021.
The current consensus among 2 TipRanks analysts is for a Hold rating of shares in Commerzbank AG, with an average price target of $6.75.
The analysts price targets range from a high of $8.52 to a low of $4.99.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $2.09 billion and a net profit of $0. The company's market cap is $8.8 billion.
According to TipRanks.com, Kepler Capital analyst Mariano Miguel is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -10.3% and a 40.91% 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.