UBS AG reported on Commerzbank (ETR:CBK), stepping up its target to 5.40EUR earlier today
- Updated: October 1, 2016
Stating a potential downside of -0.07%, UBS AG increased the target of Commerzbank (ETR:CBK) to 5.40EUR
Previously on 9/29/2016, Norddeutsche Landesbank reported about Commerzbank (ETR:CBK) raised the target price from 0.00EUR to 8.50EUR. At the time, this indicated a possible upside of 0.46%.
Yesterday Commerzbank (ETR:CBK) traded 2.11% higher at 5.81EUR. The company’s 50-day moving average is 1.62EUR and its 200-day moving average is 2.09EUR. The last stock close price is up -30.70% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 99,033 shares of the stock were exchanged, down from an average trading volume of 193,986
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Commerzbank has a 52 week low of 0.96EUR and a 52 week high of 3.02EUR The company’s market cap is currently 0 EUR.
In addition to UBS AG reporting its target price, a total of 2 analysts have released a research note on CBK. The one year target is 3.63EUR with one analyst rating the company a strong buy, one analyst rating the company a buy, 0 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On 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 christopherandbanks.com 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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