Kepler Capital Remains a Buy on Commerzbank (0RLW)
Kepler Capital analyst Tobias Lukesch maintained a Buy rating on Commerzbank on November 14 and set a price target of €39.00. The company’s shares closed last Friday at €33.54.
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According to TipRanks, Lukesch is a 5-star analyst with an average return of 18.5% and a 66.77% success rate. Lukesch covers the Financial sector, focusing on stocks such as BAWAG Group AG , Commerzbank, and Euronext NV.
In addition to Kepler Capital , Commerzbank also received a Buy from Deutsche Bank ‘s Benjamin Goy in a report issued on November 10. However, on November 11, Citi maintained a Hold rating on Commerzbank (LSE: 0RLW).
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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