Canadian Imperial Bank of Comme with ticker code (CM) now have 2 analysts covering the stock with the consensus suggesting a rating of ‘Underperform’. The target price ranges between 44.71 and 33.51 with a mean TP of 39.11. With the stocks previous close at 46.24 this would imply there is a potential downside of -15.4%. There is a 50 day moving average of 43.28 and the 200 day moving average is 47.36. The company has a market cap of $42,045m. Visit the company website at: https://www.cibc.com
The potential market cap would be $35,561m 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.