# Commerce Bancshares, Inc.  Share Price Target ‘$57.63’, now 8.8% Upside Potential

- Link: https://www.directorstalkinterviews.com/commerce-bancshares-inc.share-price-target-57.63-now-8.8-upside-potential/4121160376
- Published: 2024-06-14T12:40:45+01:00
- Author: Charlotte Edwards

**Commerce Bancshares, Inc.** with ticker code (CBSH) have now 8 market analysts
covering the stock. The analyst consensus now points to a rating of ‘hold’. The 
target price High/Low ranges between $64.00 and $52.00 calculating the mean target
share price we have $57.63. (at the time of writing). Given that the stocks previous
close was at $52.96 this would imply there is now a potential upside of 8.8%. Also
worth taking note is the 50 day moving average now sits at $54.75 and the 200 day
MA is $51.42. The total market capitalization for the company now stands at 6.82B.
The stock price for the company is currently $52.66 USD

 The potential market cap would be $7,422,872,144 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 14.67, revenue per share of $12.08
and a 1.54% 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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