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Norddeutsche Landesbank announced Commerzbank (ETR:CBK), boosting its stock price target to 8.50EUR today

In a report released on 9/30/2016 Norddeutsche Landesbank increased the stock price target of Commerzbank (ETR:CBK) to 8.50EUR reporting a possible upside of 0.46%.

Previously on 09/29/2016, Norddeutsche Landesbank released a statement about Commerzbank (ETR:CBK) increased the target price from 0.00EUR to 8.50EUR. At the time, this indicated a possible upside of 0.46%.

Just yesterday Commerzbank (ETR:CBK) traded -2.07% lower at 5.81EUR. Commerzbank’s 50-day moving average is 1.63EUR and its 200-day moving average is 2.10EUR. The last stock price is up -32.41% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 97,124 shares of CBK traded hands, down from an average trading volume of 194,533

Recent Performance Chart

Commerzbank (ETR:CBK)

Commerzbank has 52 week low of 0.96EUR and a 52 week high of 3.02EUR and has a market capitalization of 0 EUR.

In addition to Norddeutsche Landesbank reporting its stock price target, a total of 2 firms have reported on the stock. The consensus target price is 3.63EUR with 1 broker rating the stock a strong buy, 1 broker rating the stock a buy, 0 brokers rating the stock a hold, zero equity analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.

Brief Synopsis About Commerzbank (ETR:CBK)

Christopher & Banks Corporation, through its subsidiaries, operates as a retailer of womenÂ’s apparel and accessories in the United States. The company designs and sells womenÂ’s apparel and accessories to customers ranging in age from 40 and above. Its stores offer womenÂ’s apparel consisting of casual clothing, everyday basics, wear-to-work, leisure/active wear, and sleepwear in missy, petite, and women sizes, as well as jewelry and accessories, including footwear. As of March 10, 2016, the company operated 514 stores, including 314 MPW stores, 77 Outlet stores, 65 Christopher & Banks stores, and 58 CJ Banks stores in 45 states. It also operates an e-commerce Web site for its Christopher & Banks and C.J. Banks brands. The company was formerly known as BraunÂ’s Fashions Corporation and changed its name to Christopher & Banks Corporation in July 2000. Christopher & Banks Corporation was founded in 1956 and is headquartered in Plymouth, Minnesota.

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