Warburg Research Reaffirms Their Hold Rating on Commerzbank (0RLW)
Warburg Research analyst Andreas Plaesier maintained a Hold rating on Commerzbank today and set a price target of €30.70.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
According to TipRanks, Plaesier is a 5-star analyst with an average return of 16.2% and a 66.19% success rate. Plaesier covers the Financial sector, focusing on stocks such as Deutsche Pfandbriefbank, Deutsche Bank AG, and Commerzbank.
In a report released today, Deutsche Bank also maintained a Hold rating on the stock with a €35.00 price target.
Based on Commerzbank’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of €6.27 billion and a net profit of €462 million. In comparison, last year the company earned a revenue of €2.52 billion and had a net profit of €538 million
Read More on GB:0RLW:
Disclaimer & DisclosureReport an Issue
- Commerzbank Achieves Record Operating Result Amidst Strategic Growth Initiatives
- Commerzbank Leads Stabilisation of Land Brandenburg’s EUR 500 Million Notes
- Commerzbank’s Capital Requirements Reduced, Reflecting Confidence in Growth Path
- Commerzbank’s Role in Banco BPM’s EUR 500 Million Note Issuance
- Commerzbank Announces No Stabilisation for GBP 400 Million Notes
