Commerzbank Shares Lack Upside Amid UniCredit Execution Risks -- Market Talk
Dow Jones2026/10/02 07:100709 GMT - Commerzbank doesn't have enough share price upside to compensate for higher risks and less visibility from UniCredit's plans for the German bank, RBC Capital Markets' Anke Reingen and Sherry Lin write. The acquisition of UniCredit's German unit HVB by Commerzbank would be a "sensible move", RBC says, with a potential return on investment of 11% by 2030. Commerzbank's CEO has said the lender could potentially buy HVB in shares as one of several options to increase UC's holding in Commerzbank. However, execution risks in this complex setup are heavily concentrated in Commerzbank. As a result, lower earnings visibility and higher cost of equity have led RBC to cut its price target on Commerzbank stock to 40 euros from 43 euros. RBC lowers its recommendation to sector perform from outperform. Commerzbank shares closed at 39.40 euros on Thursday. (michael.hennessey@wsj.com)
(END) Dow Jones Newswires
October 02, 2026 03:10 ET (07:10 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The 15 Most-Searched Altcoins in Recent Hours Have Been Revealed
Ethereum unstaking queue surges by 392%: MetaMask incident may lead to 523,000 ETH waiting to exit
Crypto prices
More
