# Commerce Bancshares, Inc.  Share Price Target ‘$58.50’, now 5.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/commerce-bancshares-inc.share-price-target-58.50-now-5.5-upside-potential/4121163923
- Published: 2024-07-05T15:31:15+01:00
- Author: Charlotte Edwards

**Commerce Bancshares, Inc.** with ticker code (CBSH) have now 8 analysts in total
covering the stock. The consensus rating is pointing to ‘hold’. The target price
High/Low ranges between $64.00 and $52.00 calculating the mean target share price
we have $58.50. (at the time of writing). Given that the stocks previous close was
at $55.47 this is indicating there is a potential upside of 5.5%. The 50 day moving
average now sits at $55.16 and the 200 moving average now moves to $51.82. The total
market capitalization for the company now stands at 7.17B. The stock price is currently
at: $55.33 USD

 The potential market cap would be $7,558,047,290 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 15.41, 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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