Kepler Capital Sticks to Their Buy Rating for Commerzbank (0RLW)
Kepler Capital analyst Tobias Lukesch maintained a Buy rating on Commerzbank on November 6 and set a price target of €39.00. The company’s shares closed last Thursday at €31.89.
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Lukesch covers the Financial sector, focusing on stocks such as Euronext NV, Commerzbank, and Deutsche Boerse. According to TipRanks, Lukesch has an average return of 18.0% and a 64.35% success rate on recommended stocks.
Commerzbank has an analyst consensus of Hold, with a price target consensus of €33.47.
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
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