# Commerce Bancshares, Inc.  Share Price Target ‘$58.75’, now 3.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/commerce-bancshares-inc.share-price-target-58.75-now-3.1-upside-potential/4121164696
- Published: 2024-07-12T14:45:57+01:00
- Author: Charlotte Edwards

**Commerce Bancshares, Inc.** with ticker code (CBSH) now have 8 analysts in total
covering the stock. The consensus rating is pointing to ‘hold’. The range between
the high target price and low target price is between $64.00 and $52.00 suggesting
an average analyst share price target price of $58.75. (at the time of writing).
Given that the stocks previous close was at $57.00 this would indicate that there
is a potential upside of 3.1%. The day 50 moving average is $55.25 and the 200 moving
average now moves to $52.03. The company has a market cap of 7.45B. The stock price
is currently at: $57.52 USD

 The potential market cap would be $7,679,666,751 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 16.02, 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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