# Commerce Bancshares, Inc.  Share Price Target ‘$54.79’, now 8.0% Upside Potential

- Link: https://www.directorstalkinterviews.com/commerce-bancshares-inc.share-price-target-54.79-now-8.0-upside-potential/4121142027
- Published: 2024-02-09T14:50:42+00:00
- Author: Charlotte Edwards

**Commerce Bancshares, Inc.** with ticker code (CBSH) now have 7 confirmed analysts
covering the stock with the consensus suggesting a rating of ‘hold’. The target 
price High/Low ranges between $57.50 and $52.00 calculating the mean target share
price we have $54.79. (at the time of writing). Now with the previous closing price
of $50.73 and the analysts are correct then we can expect a percentage increase 
in value of 8.0%. The 50 day moving average now sits at $52.83 and the 200 day MA
is $50.10. The total market capitalization for the company now stands at 6.57B. 
The stock price for the company is currently $50.47 USD

 The potential market cap would be $7,095,788,828 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 13.87, revenue per share of $11.83
and a 1.53% return on assets.

Commerce Bancshares, Inc. is a bank holding company. The Company operates as a super-
community bank and offers a range of financial products to consumer and commercial
customers. It has approximately 275 locations in Missouri, Kansas, Illinois, Oklahoma
and Colorado and commercial offices. The Company’s segments include Commercial, 
Consumer, and Wealth. The Commercial segment provides a full array of corporate 
lending, merchant and commercial bank card products, payment solutions, leasing,
and international services, as well as business and government deposit, investment,
and cash management services. The Consumer segment includes the retail branch network,
consumer instalment lending, personal mortgage banking, and consumer debit and credit
bank card activities. The Wealth segment provides traditional trust and estate planning
services, brokerage services, and advisory and discretionary investment portfolio
management services to both personal and institutional corporate customers.

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