Kepler Capital analyst Filippo Prini maintained a Sell rating on Commerzbank AG (OTC:CRZBY) on Thursday, setting a price target of EUR2.5, which is approximately 39.04% below the present share price of $4.1.
Prini expects Commerzbank (DE:CBKG) AG to post earnings per share (EPS) of $0.00 for the second quarter of 2020.
The current consensus among 1 TipRanks analysts is for a Moderate Sell rating of shares in Commerzbank AG, with an average price target of $2.77.
The analysts price targets range from a high of $2.77 to a low of $2.77.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $1.58 billion and a net profit of $0. The company's market cap is $5.1 billion.
According to TipRanks.com, Kepler Capital analyst Filippo Prini is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -7.1% and a 29.17% 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.