Kepler Capital analyst Oliver Reinberg maintained a Buy rating on Commerzbank AG (OTC:CRZBY) on Wednesday, setting a price target of EUR6.9, which is approximately 30.03% above the present share price of $6.45.
Reinberg expects Commerzbank (DE:CBKG) AG to post earnings per share (EPS) of $0.00 for the second 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 $7.23.
The analysts price targets range from a high of $8.38 to a low of $6.07.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $1.72 billion and a net profit of $0. The company's market cap is $8.12 billion.
According to TipRanks.com, Kepler Capital analyst Oliver Reinberg is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -6.7% and a 43.56% 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.