Commerzbank AG (OTCMKTS:CRZBY) Receives Consensus Recommendation of "Hold" from Analysts

Key Points

• Commerzbank AG has received an average consensus rating of "Hold" from five research firms, with one analyst rating it sell, three as hold, and one as buy.
• The bank reported EPS of $0.22 for the last quarter, which missed the consensus estimate of $0.67, while its revenue surpassed estimates at $3.49 billion compared to $2.97 billion.
• Commerzbank's current market capitalization is approximately $45.22 billion, with the stock recently trading around $38.17.

Shares of Commerzbank AG (OTCMKTS:CRZBY - Get Free Report) have received an average rating of "Hold" from the five brokerages that are currently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and one has given a buy recommendation to the company.

A number of equities analysts have weighed in on the stock. Morgan Stanley reiterated an "overweight" rating on shares of Commerzbank in a research report on Monday, May 19th. Deutsche Bank Aktiengesellschaft lowered shares of Commerzbank from a "buy" rating to a "hold" rating in a research report on Monday, August 18th. The Goldman Sachs Group lowered shares of Commerzbank from a "hold" rating to a "sell" rating in a research report on Tuesday, August 26th. Royal Bank Of Canada restated a "sector perform" rating on shares of Commerzbank in a research report on Monday, August 11th. Finally, Citigroup restated a "neutral" rating on shares of Commerzbank in a research report on Tuesday, August 5th.

Hedge Funds Weigh In On Commerzbank

A number of hedge funds and other institutional investors have recently modified their holdings of CRZBY. GAMMA Investing LLC boosted its position in shares of Commerzbank by 124.6% during the first quarter. GAMMA Investing LLC now owns 4,156 shares of the financial services provider's stock worth $95,000 after acquiring an additional 2,306 shares during the last quarter. Rhumbline Advisers boosted its position in shares of Commerzbank by 14.5% during the first quarter. Rhumbline Advisers now owns 5,140 shares of the financial services provider's stock worth $117,000 after acquiring an additional 650 shares during the last quarter. Finally, Yousif Capital Management LLC boosted its position in shares of Commerzbank by 8.0% during the second quarter. Yousif Capital Management LLC now owns 15,644 shares of the financial services provider's stock worth $492,000 after acquiring an additional 1,165 shares during the last quarter.

Commerzbank Price Performance

Shares of CRZBY traded down $0.68 during mid-day trading on Monday, reaching $37.29. The stock had a trading volume of 29,349 shares, compared to its average volume of 54,179. The firm has a market cap of $44.18 billion, a price-to-earnings ratio of 16.57 and a beta of 0.67. Commerzbank has a 12 month low of $13.60 and a 12 month high of $44.85. The business has a fifty day moving average of $36.87 and a 200 day moving average of $30.30. The company has a debt-to-equity ratio of 14.69, a quick ratio of 33.14 and a current ratio of 12.40.

Commerzbank (OTCMKTS:CRZBY - Get Free Report) last posted its quarterly earnings results on Wednesday, August 6th. The financial services provider reported $0.22 earnings per share for the quarter, missing analysts' consensus estimates of $0.67 by ($0.45). The firm had revenue of $3.49 billion during the quarter, compared to the consensus estimate of $2.97 billion. Commerzbank had a return on equity of 7.49% and a net margin of 10.51%. Equities analysts predict that Commerzbank will post 1.96 EPS for the current year.

Commerzbank Company Profile

Commerzbank AG provides banking and capital market products and services to private and small business customers, corporate, financial service providers, and institutional clients in Germany, rest of Europe, the Americas, Asia, and internationally. It operates through two segments, Private and Small-Business Customers, and Corporate Clients.