Commonwealth Bank of Australia (ASX: CBA)‘s stock had its “underperform” rating reaffirmed by Credit Suisse in a research note issued on Wednesday. They currently have a $61.22 (60 AUD) price target on the stock.
A number of other firms have also recently commented on CBA. Analysts at Nomura upgraded shares of Commonwealth Bank of Australia to a “neutral” rating in a research note to investors on Wednesday, February 27th. They now have a $64.95 price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Commonwealth Bank of Australia in a research note to investors on Wednesday, February 13th. They now have a $68.04 price target on the stock.
Shares of Commonwealth Bank of Australia opened at 69.310 on Wednesday. Commonwealth Bank of Australia has a one year low of A$0.000 and a one year high of A$0.000. The stock’s 50-day moving average is currently A$0.0. The company has a market cap of A$111.1 billion and a P/E ratio of 16.23.
Commonwealth Bank of Australia (the Bank) is engaged in the provision of a range of banking and financial products and services to retail, small business, corporate and institutional clients.
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