Keefe Bruyette analyst Tom Hallett downgraded Commerzbank (CRZBY) to Underperform from Market Perform with a EUR 32 price target The firm says the bank’s German stimulus benefits are already priced into the shares.
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Read More on CRZBY:
- UniCredit may sell Commerzbank stake, Reuters reports
- Commerzbank downgraded to Neutral from Overweight at JPMorgan
- ING Groep upgraded to Overweight from Equal Weight at Morgan Stanley
- Commerzbank downgraded to Equal Weight from Overweight at Morgan Stanley
- Commerzbank downgraded to Sell from Neutral at Goldman Sachs
