JPMorgan Chase & Co. downgraded Commerzbank AG (ADR) (NASDAQ:CRZBY) to Neutral in a report released today.
- Updated: October 6, 2016
JPMorgan Chase & Co. has downgraded Commerzbank AG (ADR) (NASDAQ:CRZBY) to Neutral in a report released on 10/06/2016.
Just yesterday Commerzbank AG (ADR) (NASDAQ:CRZBY) traded 0.69% higher at $6.44. Commerzbank AG (ADR)’s 50-day moving average is $6.86 and its 200-day moving average is $7.51. The last closing price is down -12.65% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 40,119 shares of CRZBY traded hands, down from an average trading volume of 66,622
Recent Performance Chart
Commerzbank AG (ADR) has 52 week low of $5.83 and a 52 week high of $11.96 with a PE ratio of 9.27 and has a market capitalization of $0.
Brief Synopsis On Commerzbank AG (ADR) (NASDAQ: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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