equinet AG Maintains comdirect bank (ETR:COM) As a “Neutral”; They Now Have a Target Price Of EUR 10.00

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comdirect bank (ETR:COM) Rating Reaffirmed

The equities firm has just set a price target of EUR 10.00 on comdirect bank (ETR:COM) shares. This is -6.63% from the last price. In a recent report shared with investors and clients on Tuesday, 8 December, equinet AG reconfirmed their “Neutral” rating on shares of COM.

From a total of 6 analysts covering comdirect bank (ETR:COM) stock, 2 rate it a ”Buy”, 0 a “Sell”, and 4 a ”Hold”. This means that 33% of the ratings are positive. The highest target price is €11 while the lowest target price is €9.90. The mean of all analyst targets is €10.43 with a -2.52% below today’s (€10.7) stock price. comdirect bank was the topic of 14 analyst reports since July 21, 2015 according to the firm StockzIntelligence Inc. Warburg Research maintained shares on October 23 with “Hold” rating. Kepler Cheuvreux upgraded shares to “Buy” rating and €11 target share price in a report from a July 23. Bankhaus Lampe upgraded COM stock in a recent report from October 8 to “Buy” rating. Finally, Deutsche Bank maintained the stock with “Hold” rating in a report issued on a July 24.

The stock increased 1.37% or EUR 0.14 on December 7, striking EUR 10.7. Approximately 21,191 shares of stock traded hands. comdirect bank AG (ETR:COM) has risen 917503.00% since May 11, 2015 and is uptrending. It has outperformed by 917504.07% the S&P500.

equinet AG Maintains comdirect bank (ETR:COM) As a

Comdirect Bank AG is a Germany-based online bank. The company has a market cap of 1.51 billion EUR. The Bank’s activities are divided into two business lines: the Business to Customers business line is active in the fields of brokerage, banking and advice services, and the Business to Business (B2B) business line focuses on solutions for asset accumulation, investment and drawdown, and offers partnered products through its subsidiary, namely ebase GmbH. It has 20.44 P/E ratio. The Bank’s B2C products are structured into three divisions: Custody accounts & securities, including custody account, trading platform and trading services; Account & financial investments, covering current account with Visa card, investment accounts and money savings plan and investment advisory, and Provisioning & finance, which includes consumer loan and loans against securities and mortgage lending and advisory services.

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