Analysts at KBW predict that Commerzbank AG shares could increase by up to 35% if UniCredit SpA proceeds with a takeover.
They estimate that UniCredit may offer as much as €21 per share in a full takeover bid, which is significantly higher than the current trading price of approximately €16.
However, if UniCredit decides not to pursue the acquisition, Commerzbank's stock could face significant downward pressure, with analysts warning of a potential decline of around 20%.
The market is closely watching the progress of this potential deal, as it could have significant implications for both banks involved.