Commerzbank AG

CBK

DE000CBK1001

Banks

Delayed Xetra Other stock markets 04:56:39 2024-04-30 am EDT			5-day change	1st Jan Change
13.65 ^EUR	-0.66%		-1.66%	+26.86%

09:56am	HSBC and Prudential bookend FTSE 100	AN
07:58am	FTSE 100 to open flat as Fed decision looms	AN

Goldman lowers target for Commerzbank to 13.40 euros - 'Neutral'

February 19, 2024 at 05:41 am EST

NEW YORK (dpa-AFX Broker) - The US investment bank Goldman Sachs has lowered its price target for Commerzbank from 13.70 to 13.40 euros and left its rating at "Neutral". Analyst Chris Hallam updated his estimates in view of the latest figures and the company's targets. The bank surprised positively with its net profit in the final quarter of 2023 and raised its net interest income forecast for 2024, but lowered it for 2025, according to a study published on Monday./gl/tih

Publication of the original study: 16.02.2024 / 17:16 / GMT First transmission of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

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Latest news about Commerzbank AG

HSBC and Prudential bookend FTSE 100	03:56am	AN
FTSE 100 to open flat as Fed decision looms	01:58am	AN
Commerzbank invites shareholders to a virtual exchange	11:52pm	DP
Commerzbank Points to A Surprise Signal From Russia's Central Bank	Apr. 29	MT
European Midday Briefing : Fed Rate Decision, Earnings in Focus This Week	Apr. 29	DJ
Commerzbank on Overnight News	Apr. 29	MT
Russia Lowers Oil Export Price Forecast, but Could Make up for Revenue Decline with Higher Volumes, Commerzbank Says	Apr. 29	MT
Crude Oil Prices Stabilize After Volatile First Half-Month as Focus Returns to Fundamentals, Commerzbank Says	Apr. 29	MT
FTSE 100 to rise after US tech rally	Apr. 29	AN
Corn Futures Lower as Rain Hits Corn Belt -- Daily Grain Highlights	Apr. 26	DJ
Dpa-AFX Overview: COMPANIES from 26.04.2024 - 15:15	Apr. 26	DP
Wall Street: Meta and GDP dampen spirits	Apr. 25	CF
Commerzbank-Acquila Capital JV Gets EU Approval	Apr. 25	MT
German bonds rise slightly ahead of US data	Apr. 25	DP
German bonds: Little movement in the morning	Apr. 25	DP
Moody's Affirms Commerzbank Ratings on Resilient Fundamentals, Changes Outlook to Positive	Apr. 25	MT
Commerzbank AG completed the acquisition of 74.9% stake in Aquila Capital Investmentgesellschaft mbH from Aquila Capital.	Apr. 24	CI
COMMERZBANK AG : Warburg Research keeps its Buy rating	Apr. 24	ZD
Australia's Inflation Surprises to The Upside in Q1, Notes Commerzbank	Apr. 24	MT
Commerzbank on Overnight News	Apr. 24	MT
European Midday Briefing : Stocks Trade Higher, Focus on U.S. Tech Earnings	Apr. 24	DJ
Withdrawing money in supermarkets - retailers no longer want to pay fees	Apr. 23	DP
Wheat Futures Up as Short-Covering Streak Extends -- Daily Grain Highlights	Apr. 23	DJ
World Primed for More Balanced Growth as U.S. Cools, Peers Pick Up Pace -- 3rd Update	Apr. 23	DJ
Commerzbank on The Importance of This Week's CPI Data in Australia	Apr. 23	MT

Chart Commerzbank AG

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Company Profile

Commerzbank AG is one of the leading German banking groups. Net banking product (NBP) breaks down by activity as follows: - retail banking and private banking (52.4%): sales of classical and specialized banking products and services (consumer loans, leasing, etc.), private banking, etc.; - market and investment banking (33.2%): financial engineering, merger-acquisition consulting, stock operations, specialized and structured financing, capital market operations, etc.; - other (14.4%): public works financing, specialized and structured financing, mortgage loans, etc. At the end of 2023, the group managed EUR 419.8 billion in current credits and EUR 298.7 billion in current deposits.

Sector

Banks

Calendar

04:00am - Annual General Meeting

Related indices

STOXX EUROPE 600 (EUR) , DAX

More about the company

Income Statement Evolution

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Analysis / Opinion

Commerzbank Notes Risk Premium Expected to Remain Amid Geopolitical Developments

April 19, 2024 at 05:44 am EDT

COMMERZBANK : EPS cut (2023: +1.5%, 2024: -6.5%)

February 19, 2024 at 08:56 am EST

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Ratings for Commerzbank AG

Trading Rating

Investor Rating

ESG Refinitiv

A-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

13.74 EUR

Average target price

14.52 EUR

Spread / Average Target

+5.70%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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Other Banks

Commerzbank AG

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CBK

DE000CBK1001

Banks

Goldman lowers target for Commerzbank to 13.40 euros - 'Neutral'

EPS Revisions