Kepler Capital analyst Nicolas Payen maintained a Buy rating on Commerzbank AG (OTC:CRZBY) on Friday, setting a price target of EUR6.9, which is approximately 10.18% above the present share price of $7.48.
Payen expects Commerzbank (DE:CBKG) AG to post earnings per share (EPS) of $0.00 for the second quarter of 2021.
The current consensus among 1 TipRanks analysts is for a Moderate Buy rating of shares in Commerzbank AG, with an average price target of $8.24.
The analysts price targets range from a high of $8.24 to a low of $8.24.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $2.54 billion and a net profit of $0. The company's market cap is $9.44 billion.
According to TipRanks.com, Kepler Capital analyst Nicolas Payen is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 9.0% and a 65.45% 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.