Canadian Imperial Bank of Comme with ticker code (CM) now have 2 analysts in total covering the stock. The consensus rating is ‘Underperform’. The target price ranges between 47.9 and 33.65 calculating the average target price we see 40.78. Given that the stocks previous close was at 46.39 this now indicates there is a potential downside of -12.1%. The day 50 moving average is 44.12 and the 200 day MA is 46.96. The market capitalisation for the company is $42,213m. Find out more information at: https://www.cibc.com
The potential market cap would be $37,109m based on the market concensus.
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Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; and Capital Markets. The company offers checking, savings, and business accounts; mortgages; business, car, and other loans; lines of credit, student lines of credit, and agriculture loans; investment and insurance services; and credit cards, as well as mobile, online, and overdraft protection services. It also provides day-to-day banking, borrowing and credit, specialty, investing and private wealth, and international banking services; foreign exchange services; and cash management services. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.