Kepler Capital analyst Carola Holtz maintained a Sell rating on Commerzbank AG (OTC:CRZBY) on Monday, setting a price target of EUR2.85, which is approximately 38.52% below the present share price of $4.64.
Holtz expects Commerzbank (DE:CBKG) AG to post earnings per share (EPS) of $0.00 for the third 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 $3.23.
The analysts price targets range from a high of $3.23 to a low of $3.23.
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 $6.31 billion.
According to TipRanks.com, Kepler Capital analyst Carola Holtz is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -4.0% and a 51.02% 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.