Commerzbank AG (OTCMKTS:CRZBY) has been downgraded from Overweight to Neutral in a statement by JPMorgan earlier today.
- Updated: October 6, 2016
Boasting a price of $6.57, Commerzbank AG (OTCMKTS:CRZBY) traded -1.90% lower on the day. With the last stock price close down -14.11% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Commerzbank AG has recorded a 50-day average of $6.86 and a two hundred day average of $7.50. Volume of trade was down over the average, with 41,366 shares of CRZBY changing hands under the typical 63,977
JPMorgan has downgraded Commerzbank AG (OTCMKTS:CRZBY) from Overweight to Neutral in a statement released on 10/6/2016.
With a total market value of $0, Commerzbank AG has price-earnings ratio of 9.09 with a one year low of $5.83 and a one year high of $11.96 .
Brief Synopsis About Commerzbank AG (OTCMKTS:CRZBY)
Commerzbank AG is a bank for private and corporate customers. The Bank's business segments are Private Customers, Mittelstandsbank, Central & Eastern Europe, Corporates & Markets and Non-Core Assets. The Private Customers segment comprises the Private Customers, Direct Banking and Commerz Real Group divisions. The Mittelstandsbank segment is divided into the three Group divisions: Mittelstand Germany, Large Corporates & International, and Financial Institutions. The Central & Eastern Europe (CEE) segment comprises the universal banking and direct banking activities. The Corporates& Markets consists of four main businesses: Equity Markets & Commodities; Fixed Income & Currencies; Corporate Finance, and Credit Portfolio Management. The Non-Core Assets (NCA) segment groups together the results from Commercial Real Estate, Public Finance (including Private Finance Initiatives) and Deutsche Schiffsbank (DSB) divisions.
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