
Commerzbank AG / Analyst ratings
Price targets
Analyst ratings
3 analysts rated this company in the past 90 days. The average target price is €33.67, this is a change of +7.1% compared to the current price.
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RBC maintains Commerzbank at 'Sector Perform' - Target 33 euros
NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for Commerzbank at "Sector Perform" with a price target of €33. The European banks were recently upgraded due to improved return prospects and are currently trading at a premium to historical averages, Benjamin Toms wrote in an industry study released Thursday. Nevertheless, there is potential for further price increases. However, ongoing geopolitical and economic uncertainties made the sector somewhat vulnerable to negative news given the strong performance./edh/tih
Publication of the original study: September 10, 2025 / 5:45 PM / EDT
First distribution of the original study: September 11, 2025 / 12:45 AM / EDT
Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan lowers Commerzbank to 'Neutral' - target raised to 33 euros
NEW YORK (dpa-AFX Analyst) - While the US bank JPMorgan has raised its price target for Commerzbank shares from €30 to €33, it has downgraded the stock, now fairly valued following its price rally, from "Overweight" to "Neutral." The bank has set ambitious targets through 2028, wrote Kian Abouhossein in his re-evaluation of Europe's banks published on Tuesday. Market expectations have already adjusted accordingly. The consensus for net interest income is even higher. Abouhossein now prefers Deutsche Bank shares in Germany, which he even gave the stock the particularly positive "Positive Catalyst Watch" rating for the short term. Overall, however, the expert is once again placing greater emphasis on European banks than on US financial institutions./ag/zb
Publication of the original study: September 8, 2025 / 8:10 PM / BST
First distribution of the original study: September 9, 2025 / 12:20 AM / BST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Deutsche Bank lowers Commerzbank to 'Hold' - target 35 euros
FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has downgraded Commerzbank from "Buy" to "Hold" after its share price tripled within 12 months, but raised its price target from €33 to €35. In a study released Monday, Benjamin Goy justified the downgrade with the financial institution's significantly increased valuation, although he emphasized that he still likes the stock story. He cited increasing profitability, capital returns, and the upcoming benefits of German government spending.
Publication of the original study: August 18, 2025 / Time not specified in the study / CET
First distribution of the original study: August 18, 2025 / 7:53 a.m. / CET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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RBC raises target for Commerzbank to 33 euros - 'Sector Perform'
NEW YORK (dpa-AFX Analyst) - Canadian bank RBC raised its price target for Commerzbank from €28 to €33, but maintained its rating at "Sector Perform." Thanks to higher earnings estimates, share prices of European banks have further upside potential, wrote Anke Reingen in a sector analysis released Thursday. Geopolitical and macroeconomic uncertainties, however, remain, making the industry somewhat vulnerable to negative news given the recent strong share price performance.
Publication of the original study: August 13, 2025 / 5:31 p.m. / EDT
First distribution of the original study: August 14, 2025 / 12:45 a.m. / EDT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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RBC raises target for Commerzbank to 28 euros - 'Sector Perform'
NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has raised its price target for Commerzbank from €27 to €28 and maintained its rating at "Sector Perform." The increased targets for this year's net interest income were already largely factored into its estimates, but the longer-term outlook also now appears better, Anke Reingen wrote on Friday following the quarterly report. It raised its forecasts slightly./rob/ajx/jha/
Publication of the original study: August 8, 2025 / 12:14 PM / EDT First distribution of the original study: August 8, 2025 / 12:14 PM / EDT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Deutsche Bank maintains 'Buy' rating on Commerzbank - target 33 euros
FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has maintained its "Buy" rating for Commerzbank with a price target of €33. Benjamin Goy, in a study released Thursday, attested to the bank's strong second quarter performance. He also pointed to the raised target for this year's net profit. The basis for this is the expected increase in net interest income target./tih/bek
Publication of the original study: August 7, 2025 / Time not specified in the study / CET
First distribution of the original study: August 7, 2025 / 8:05 a.m. / CET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan raises target for Commerzbank to 30 euros - 'Overweight'
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan raised its price target for Commerzbank from €27 to €30 and maintained its "Overweight" rating. Following Commerzbank's quarterly results, Kian Abouhossein raised his estimates for this year's adjusted earnings per share by 4 percent on Wednesday. He justified this with higher earnings and lower taxes, partially offset by higher costs./ajx/he
Publication of the original study: August 6, 2025 / 7:24 PM / BST First distribution of the original study: August 6, 2025 / 7:24 PM / BST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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RBC maintains Commerzbank at 'Sector Perform' - Target 27 euros
NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for Commerzbank at "Sector Perform" with a price target of €27 following its earnings release. The financial institution exceeded expectations in the second quarter, wrote Anke Reingen in a study released Wednesday. The target for this year's interest income was revised upwards in line with consensus. She believes that the recent strength of the share price has already led to some of the new, positive news being absorbed by the market./rob/tih/bek
Publication of the original study: August 6, 2025 / 2:07 a.m. / EDT
First distribution of the original study: August 6, 2025 / 2:07 a.m. / EDT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Commerzbank at 'Overweight' - target 27 euros
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its "Overweight" rating for Commerzbank following its earnings release, with a price target of €27. Analyst Kian Abouhossein cited strong business development at the bank in a quick assessment released Wednesday. The increased profit target for 2025 is largely in line with consensus expectations./rob/ck/stw
Publication of the original study: August 6, 2025 / 6:57 a.m. / BST
First distribution of the original study: August 6, 2025 / 7:05 a.m. / BST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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RBC raises target for Commerzbank to 27 euros - 'Sector Perform'
NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has raised its price target for Commerzbank from €24 to €27 and maintained its rating at "Sector Perform." Ahead of the upcoming quarterly results, Anke Reingen raised her estimates in her outlook published on Tuesday./rob/gl/jha/
Publication of the original study: July 15, 2025 / 12:09 PM / EDT First distribution of the original study: July 15, 2025 / 12:09 PM / EDT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Commerzbank at 'Overweight' - target 27 euros
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its "Overweight" rating on Commerzbank with a price target of €27. Kian Abouhossein revised his earnings estimates for the Frankfurt-based bank in his outlook for the upcoming quarterly results published on Monday./rob/gl/he
Publication of the original study: July 14, 2025 / 5:43 PM / BST First distribution of the original study: July 14, 2025 / 5:46 PM / BST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Deutsche Bank raises target for Commerzbank to 29 euros - 'Buy'
FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research raised its price target for Commerzbank from €26 to €29 following "good first-quarter figures" and maintained its rating at "Buy." In a study released Tuesday, analyst Benjamin Goy cited net interest income as the main reason for the revised estimates./tih/mis
Publication of the original study: May 13, 2025 / Time not specified in study / CET
First distribution of the original study: May 13, 2025 / 8:00 a.m. / CET
Note: Information on the disclosure obligation for conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Commerzbank at 'Overweight' - target 27 euros
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Commerzbank at "Overweight" with a price target of €27. Kian Abouhossein raised his earnings estimates on Friday evening following the quarterly report with unexpectedly high earnings./rob/ag/mis
Publication of the original study: May 9, 2025 / 7:28 PM / BST
First distribution of the original study: May 9, 2025 / 7:38 PM / BST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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RBC raises target for Commerzbank to 24 euros - 'Sector Perform'
NEW YORK (dpa-AFX Analyst) - The Canadian bank RBC has raised its price target for Commerzbank from 21.50 to 24 euros following quarterly figures, but left the rating at "Sector Perform". In response to the institute's key figures, it has raised its earnings forecasts (adjusted EPS) for 2026 and 2027, Anke Reingen wrote in a study published Friday./rob/edh
Publication of the original study: May 9, 2025 / 12:57 PM / EDT
First distribution of the original study: May 9, 2025 / 12:57 PM / EDT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Deutsche Bank maintains 'Buy' rating on Commerzbank - target 26 euros
FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has maintained its "Buy" rating for Commerzbank following its first-quarter results, with a price target of €26. The financial institution surprised positively, Benjamin Goy wrote on Friday. Commerzbank largely confirmed its targets for the current year. However, it now expects a higher margin for net interest income and a higher Common Equity Tier 1 capital ratio.
Publication of the original study: May 9, 2025 / Time not specified in the study / CEST. First distribution of the original study: May 9, 2025 / 5:56 a.m. / CEST.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Commerzbank at 'Overweight' - target 27 euros
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its "Overweight" rating on Commerzbank following its quarterly results, with a price target of €27. The Frankfurt-based bank exceeded consensus estimates, Kian Abouhossein wrote in an initial reaction on Friday. The focus is on the more specific outlook for net interest income./rob/gl/ag
Publication of the original study: May 9, 2025 / 7:12 a.m. / BST First distribution of the original study: May 9, 2025 / 7:16 a.m. / BST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Commerzbank at 'Overweight' - target 27 euros
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Commerzbank at "Overweight" with a price target of €27. The bank is among the "top picks" when it comes to the important topic of leadership succession, according to a strategic study released Tuesday by the US investment bank. The market expects the recent change at the top of the group to have a positive impact on the share price. At Commerzbank, this is the new CEO, Bettina Orlopp./bek/gl
Publication of the original study: May 5, 2025 / 5:45 a.m. / BST First distribution of the original study: May 6, 2025 / 1:00 a.m. / BST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Commerzbank at 'Overweight' - target 27 euros
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its rating for Commerzbank at "Overweight" with a price target of €27. Analyst Kian Abouhossein cut his estimates for this year's adjusted earnings per share by 3 percent, excluding restructuring charges. The main reason was higher risk provisions in the first quarter in connection with mBank, he wrote in a commentary on Tuesday./ajx/he
Publication of the original study: April 22, 2025 / 5:57 PM / GMT. First distribution of the original study: April 22, 2025 / 6:03 PM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan raises target for Commerzbank to 27 euros - 'Overweight'
NEW YORK (dpa-AFX Analyst) - The US bank JPMorgan has raised its price target for Commerzbank from 23 to 27 euros and left the rating at "overweight". In his reassessment of the industry released on Tuesday, analyst Kian Abouhossein pointed to his moderately raised estimates for adjusted earnings per share in 2025 and 2026. However, he lowered the rating for European banks from "Overweight" to "Neutral" compared to US banks, as he now considers the relative price appreciation of European stocks to be excessive./gl/ag
Publication of the original study: March 24, 2025 / 7:20 p.m. / GMT First distribution of the original study: March 25, 2025 / 12:15 a.m. / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Deutsche Bank raises target for Commerzbank to 22 euros - 'Buy'
FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has raised its price target for Commerzbank from €20 to €22 following an updated strategy through 2028 and maintained its "Buy" rating. Despite a significant improvement in profitability over the past four years, the bank continues its efforts to increase its return on equity to 15 percent, wrote analyst Benjamin Goy in his commentary published on Tuesday. Even if this may be (too) ambitious, he likes the new way of thinking of pushing the boundaries further rather than slowing down./edh/ag
Publication of the original study: February 18, 2025 / Time not specified in the study / CET
First distribution of the original study: February 18, 2025 / 8:05 a.m. / CET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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RBC raises target for Commerzbank to 22 euros - 'Sector Perform'
NEW YORK (dpa-AFX Analyst) - Canadian bank RBC raised its price target for Commerzbank from €19 to €22 and maintained its rating at "Sector Perform." The bank is pursuing ambitious targets regarding revenue growth and operating leverage, wrote analyst Anke Reingen in a study released Friday. It expects these efforts to yield longer-term benefits./tih/mis
Publication of the original study: February 13, 2025 / 5:35 PM / EST
First distribution of the original study: February 14, 2025 / 12:45 AM / EST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Deutsche Bank maintains 'Buy' rating on Commerzbank - target 20 euros
FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has maintained a "Buy" rating on Commerzbank with a price target of €20. Following the quarterly key figures published two weeks ago, the bank has now given an optimistic outlook for 2025 and the following years, wrote analyst Benjamin Goy in an assessment published Thursday./gl/tih
Publication of the original study: February 13, 2025 / 11:09 a.m. / GMT
First distribution of the original study: Date not specified in study / Time not specified in study / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Warburg Research maintains Commerzbank's 'Buy' rating - target EUR 20
HAMBURG (dpa-AFX Analyst) - The analyst firm Warburg Research has maintained its "Buy" rating for Commerzbank following its fourth-quarter results, with a price target of €20. The bank has given a strong outlook for 2025 and 2028, wrote analyst Andreas Pläsier in an initial assessment on Thursday. High dividend payouts are expected in the coming years./bek/gl
Publication of the original study: February 13, 2025 / 8:15 a.m. / CET. First distribution of the original study: February 13, 2025 / Time not specified in the study / CET.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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RBC maintains Commerzbank at 'Sector Perform' - Target 19 euros
NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for Commerzbank at "Sector Perform" with a price target of €19 following fourth-quarter results. The longer-term revenue targets are optimistic, analyst Anke Reingen wrote in a study released Thursday. Otherwise, the figures were consistent with the key data previously published./bek/mis
Publication of the original study: February 13, 2025 / 2:05 a.m. / EST
First distribution of the original study: February 13, 2025 / 2:05 a.m. / EST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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RBC maintains Commerzbank at 'Sector Perform' - Target 19 euros
NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for Commerzbank at "Sector Perform" with a price target of €19, based on key figures for 2024. Overall, the financial institution surprised positively with its results, wrote analyst Anke Reingen in a study published Friday. In addition, the dividend was increased surprisingly sharply, while the announced further share buyback was in line with expectations. Commerzbank is well positioned for the upcoming Capital Markets Day.
Publication of the original study: January 31, 2025 / 8:42 a.m. / EST. First distribution of the original study: January 31, 2025 / 8:42 a.m. / EST.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Deutsche Bank maintains 'Buy' rating on Commerzbank - target 20 euros
FRANKFURT (dpa-AFX Analyst) - Deutsche Bank Research has maintained its rating for Commerzbank at "Buy" with a price target of €20 after key figures for 2024. The financial institution achieved a strong final quarter, wrote analyst Benjamin Goy in a study released Friday. The better-than-expected development of net interest income and commission income could enable Commerzbank to raise its 2025 forecasts for both areas at the upcoming Capital Markets Day.
Publication of the original study: January 31, 2025 / Time not specified in the study / CET. First distribution of the original study: January 31, 2025 / 2:04 p.m. / CET
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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RBC raises target for Commerzbank to 19 euros - 'Sector Perform'
NEW YORK (dpa-AFX Analyst) - Canadian bank RBC raised its price target for Commerzbank from €18 to €19 ahead of the release of figures for the final quarter of 2024 and maintained its rating at "Sector Perform." In an outlook released on Friday, analyst Anke Reingen now anticipates higher net interest income and fee income, which will only be partially offset by higher cost estimates. Eyes were already turning to the bank's strategic update.
Publication of the original study: January 16, 2025 / 5:44 PM / EST
First distribution of the original study: January 17, 2025 / 12:45 AM / EST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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RBC lowers target for Commerzbank to 18 euros - 'Sector Perform'
NEW YORK (dpa-AFX Analyst) - Canadian bank RBC lowered its price target for Commerzbank from €20 to €18 and maintained its "Sector Perform" rating. The sting of lower interest rates is starting to take its toll, analyst Anke Reingen wrote in a report released Wednesday. A possible takeover by Italy's Unicredit remains highly likely. However, because Commerzbank's profits are declining and a takeover offer is unlikely to come as quickly as initially expected, the price target is falling./ajx/he
Publication of the original study: November 6, 2024 / 2:05 p.m. / EST. First distribution of the original study: November 6, 2024 / 2:05 p.m. / EST.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Barclays raises target for Commerzbank to 17 euros - 'Equal Weight'
LONDON (dpa-AFX Analyst) - British investment bank Barclays raised its price target for Commerzbank from €16 to €17, but maintained its rating at "Equal Weight." Analyst Krishnendra Dubey adjusted his estimates in his outlook for the company's financial results on Monday afternoon. He believes the focus will likely be on the development of interest income. The main topic, however, remains the ECB's decision on Unicredit's stake increase in Commerzbank./ag/gl
Publication of the original study: November 4, 2024 / 2:24 PM / GMT. First distribution of the original study: November 4, 2024 / 2:29 PM / GMT.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan maintains Commerzbank at 'Overweight' - target 18 euros
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan has maintained its "Overweight" rating on Commerzbank with a price target of €18. Analyst Kian Abouhossein wrote in an outlook published Thursday that he has revised his valuation model ahead of the quarterly results due on November 6./gl/jha/
Publication of the original study: October 17, 2024 / 5:29 PM / BST First distribution of the original study: October 17, 2024 / 5:29 PM / BST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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RBC maintains Commerzbank at 'Sector Perform' - Target 20 euros
NEW YORK (dpa-AFX Analyst) - Canadian bank RBC has maintained its rating for Commerzbank at "Sector Perform" with a price target of €20 ahead of third-quarter results. Analyst Anke Reingen wrote in a study released Tuesday that it has only slightly adjusted its estimates for the German financial institution. In line with the company's corresponding forecast, the expert expects good momentum in the development of fees./la/jha/
Publication of the original study: October 15, 2024 / 11:55 a.m. / EDT First distribution of the original study: October 15, 2024 / 11:55 a.m. / EDT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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JPMorgan raises target for Commerzbank to 18 euros - 'Overweight'
NEW YORK (dpa-AFX Analyst) - US bank JPMorgan raised its price target for Commerzbank from €17.20 to €18 and maintained its rating at "Overweight." More ambitious business goals highlight the value of the bank as a standalone bank, analyst Kian Abouhossein wrote Thursday evening. This fits with management's strategy given Unicredit's increasing stake. He raised his price target due to higher excess capital./ag/zb
Publication of the original study: September 26, 2024 / 7:25 PM / BST
First distribution of the original study: September 27, 2024 / 12:15 AM / BST
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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UBS maintains Commerzbank 'Buy' - target 17 euros
ZURICH (dpa-AFX Analyst) - Swiss bank UBS has maintained its rating for Commerzbank at "Buy" with a price target of €17. Following Unicredit's entry into Commerzbank, a takeover cycle is currently the biggest topic of conversation in the European banking sector, wrote analyst Jason Napier in a study published Monday. While the expert does not believe this will significantly change the likelihood of cross-border deals in the industry, the focus is shifting away from share buybacks as the former pivotal focus, and at least smaller acquisitions are now more conceivable. Fundamentally, the interest rate outlook and its impact on banks' earnings developments are the big topic. In addition to Commerzbank, Napier's "Top Picks" in the industry include Barclays, Bawag, Societe Generale, and Unicredit./tih
Publication of the original study: September 21, 2024 / 1:58 PM / GMT. First distribution of the original study: September 21, 2024 / 1:58 PM / GMT.
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.
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Barclays upgrades Commerzbank to 'Equal Weight' - target 16 euros
LONDON (dpa-AFX Analyst) - British investment bank Barclays has upgraded Commerzbank from "Underweight" to "Equal Weight" and raised its price target from €12 to €16. Following Unicredit's entry, analyst Krishnendra Dubey believes the opportunities and risks are more balanced, according to his commentary published on Wednesday. He also pointed out the share buyback program starting in November, which is expected to provide additional support for the share price. Dubey also adjusted its valuation model to reflect current interest rate forecasts and market trends./ag/bek
Publication of the original study: September 17, 2024 / 9:30 PM / GMT
First distribution of the original study: September 18, 2024 / 3:00 AM / GMT
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG) and Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.