Canadian Imperial Bank of Commerce (CM)
(Delayed Data from NYSE)
$50.90 USD
-0.31 (-0.61%)
Updated Jul 29, 2024 04:00 PM ET
After-Market: $50.91 +0.01 (0.02%) 7:58 PM ET
3-Hold of 5 3
C Value B Growth C Momentum B VGM
Canadian Imperial Bank (CM) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$53.85 | $57.67 | $49.58 | 5.16% |
Price Target
Based on short-term price targets offered by 14 analysts, the average price target for Canadian Imperial Bank comes to $53.85. The forecasts range from a low of $49.58 to a high of $57.67. The average price target represents an increase of 5.16% from the last closing price of $51.21.
Analyst Price Targets (14)
Broker Rating
Canadian Imperial Bank currently has an average brokerage recommendation (ABR) of 2.36 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 14 brokerage firms. The current ABR compares to an ABR of 2.31 a month ago based on 13 recommendations.
Of the 14 recommendations deriving the current ABR, five are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 35.71% and 7.14% of all recommendations. A month ago, Strong Buy made up 38.46%, while Buy represented 7.69%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 5 | 5 | 5 | 5 | 5 |
Buy | 1 | 1 | 1 | 0 | 0 |
Hold | 7 | 7 | 6 | 7 | 7 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 1 | 1 | 1 | 1 | 1 |
ABR | 2.36 | 2.36 | 2.31 | 2.38 | 2.38 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
7/2/2024 | UBS | Jill Shea | Not Available | Hold |
6/6/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
6/3/2024 | Keefe Bruyette & Woods | Mike Rizvanovic | Hold | Moderate Buy |
5/31/2024 | BMO Capital Markets | Sohrab Movahedi | Strong Buy | Strong Buy |
5/31/2024 | Desjardins Securities | Doug Young | Hold | Hold |
5/31/2024 | Scotiabank | Meny Grauman | Strong Buy | Strong Buy |
5/31/2024 | Not Identified | Not Identified | Hold | Hold |
3/20/2024 | Not Identified | Not Identified | Not Available | Strong Sell |
3/1/2024 | Canaccord Genuity | Matthew Lee | Hold | Hold |
3/1/2024 | TD Securities | Mario Mendonca | Hold | Strong Buy |
3/1/2024 | Cormark Securities | Lemar Persaud | Hold | Hold |
2/29/2024 | Not Identified | Not Identified | Hold | Hold |
12/20/2023 | National Bank Financial | Gabrial Dechaine | Strong Buy | Strong Buy |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 2.36 |
ABR (Last week) | 2.36 |
# of Recs in ABR | 14 |
Average Target Price | $53.85 |
LT Growth Rate | 5.00% |
Industry | Banks - Foreign |
Industry Rank by ABR | 44 of 252 |
Current Quarter EPS Est: | 1.29 |