Kepler Capital analyst Oliver Reinberg maintained a Buy rating on Commerzbank AG (OTC:CRZBY) on Wednesday, setting a price target of EUR8.1, which is approximately 26.99% above the present share price of $7.2.
Reinberg expects Commerzbank (DE:CBKG) AG to post earnings per share (EPS) of $0.00 for the fourth 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 $8.24.
The analysts price targets range from a high of $9.14 to a low of $7.33.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $2.03 billion and a net profit of $0. The company's market cap is $7.98 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 -4.0% and a 46.23% 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.