Commerzbank stock: RBC lifts target to EUR 41.00

Published on 10/21/2026 at 16:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The multiple was 13.28 on October 21, 2026. Commerzbank stock costs EUR 37.40 on October 21, 2026, up 1.94 percent versus the Xetra close.

Analyst view and valuation

RBC raised its Commerzbank target from EUR 40.00 to EUR 41.00 on October 13, 2026.
Commerzbank stock stood 13.76 percent below its 52-week high of EUR 43.37 on October 21, 2026.
Commerzbank stock cost EUR 37.40 at Lang & Schwarz on October 21, 2026 at 4:44 p.m. CEST, 1.94 percent above the Xetra close of October 20, 2026.

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RBC raised its Commerzbank target from EUR 40.00 to EUR 41.00 on October 13, 2026, while retaining its Sector Perform rating, according to DER AKTIONÄR. The new target is 9.63 percent above the EUR 37.40 price at Lang & Schwarz. Commerzbank stock was 1.94 percent above the Xetra close of October 20, 2026 at EUR 36.69 on October 21, 2026 at 4:44 p.m. CEST.

RBC sees limited upside

RBC analyst Anke Reingen updated her third-quarter estimates and linked the higher target to the effect of higher interest rates, according to DER AKTIONÄR. The firm said much of the benefit would become visible after the third quarter. That timing makes the November reporting date more important than the target change itself.

Stock remains below its high

The EUR 37.40 price was 13.76 percent below Commerzbank's 52-week high of EUR 43.37 and 27.61 percent above its 52-week low of EUR 29.32 on October 21, 2026. Trading volume reached 866,928 shares, while the market capitalization stood at EUR 40.4 billion. The price-to-earnings multiple was 13.28 on the same date.

Valuation meets the next date

Deutsche Bank Research kept a Hold rating and a EUR 42.00 target in a note distributed on October 15, 2026, according to wallstreetONLINE. The target is 12.30 percent above the Lang & Schwarz price. Commerzbank's next quarterly results are scheduled for November 5, 2026, according to Borse Express.

What the valuation signals

The two targets of EUR 41.00 and EUR 42.00 place the analyst range above the current euro price, but both ratings remain cautious. For investors, the next published figures will test whether the expected interest-rate benefit is becoming visible in earnings and whether the valuation multiple can hold near 13.28.

Price and dates

Commerzbank stock was trading at EUR 37.40 at Lang & Schwarz on October 21, 2026 at 4:44 p.m. CEST, 1.94 percent above the Xetra close of October 20, 2026 at EUR 36.69. The next quarterly results are scheduled for November 5, 2026. The further course of trading is shown by the continuously updated real-time quote of Commerzbank stock.