Canadian Imperial Bank of Commerce (CM)
(Delayed Data from NYSE)
$47.82 USD
+0.42 (0.89%)
Updated Apr 26, 2024 04:00 PM ET
After-Market: $47.84 +0.02 (0.04%) 7:58 PM ET
3-Hold of 5 3
D Value F Growth C Momentum F VGM
Canadian Imperial Bank (CM) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$51.17 | $56.24 | $40.88 | 7.95% |
Price Target
Based on short-term price targets offered by 13 analysts, the average price target for Canadian Imperial Bank comes to $51.17. The forecasts range from a low of $40.88 to a high of $56.24. The average price target represents an increase of 7.95% from the last closing price of $47.40.
Analyst Price Targets (13)
Broker Rating
Canadian Imperial Bank currently has an average brokerage recommendation (ABR) of 2.38 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 13 brokerage firms. The current ABR compares to an ABR of 2.38 a month ago based on 13 recommendations.
Of the 13 recommendations deriving the current ABR, five are Strong Buy, representing 38.46% of all recommendations. A month ago, Strong Buy represented 38.46%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 5 | 5 | 5 | 4 | 2 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 7 | 7 | 7 | 8 | 10 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 1 | 1 | 0 | 0 |
ABR | 2.38 | 2.38 | 2.38 | 2.33 | 2.67 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
3/1/2024 | BMO Capital Markets | Sohrab Movahedi | Strong Buy | Strong Buy |
3/1/2024 | Cormark Securities | Lemar Persaud | Hold | Hold |
3/1/2024 | Canaccord Genuity | Matthew Lee | Hold | Hold |
3/1/2024 | Scotiabank | Meny Grauman | Strong Buy | Strong Buy |
3/1/2024 | Desjardins Securities | Doug Young | Hold | Hold |
3/1/2024 | TD Securities | Mario Mendonca | Hold | Strong Buy |
2/29/2024 | Not Identified | Not Identified | Hold | Hold |
12/20/2023 | National Bank Financial | Gabrial Dechaine | Strong Buy | Strong Buy |
11/23/2023 | Keefe Bruyette & Woods | Mike Rizvanovic | Hold | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.38 |
ABR (Last week) | 2.38 |
# of Recs in ABR | 13 |
Average Target Price | $51.17 |
LT Growth Rate | 4.20% |
Industry | Banks - Foreign |
Industry Rank by ABR | 91 of 252 |
Current Quarter EPS Est: | 1.21 |