Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Canadian Imperial Bank of Commerce Market Cap
From what 3 stock analysts predict, the share price for Canadian Imperial Bank of Commerce (CM) might decrease by 33.12% in the next year. This is based on a 12-month average estimation for CM. Price targets go from $35.82701 to $49.0559. The majority of stock analysts believe CM is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
Canadian Imperial Bank of Commerce has a total of 3 Wall St Analyst ratings. There are 1 buy ratings, 1 ratings, and 1 sell ratings. Since most analysts have a sell consensus rating, the expectation is that Canadian Imperial Bank of Commerce will perform worse than the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of CM.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Sohrab Movahedi BMO Capital | Outperform | $81 | Maintains | Aug 30, 2024 |
| Sohrab Movahedi BMO Capital | Outperform | $77 | Maintains | May 31, 2024 |
| Ebrahim Poonawala B of A Securities | Neutral | Upgrade | Dec 18, 2023 | |
| Darko Mihelic RBC Capital | Sector Perform | $67 | Maintains | Sep 1, 2023 |
| Gabriel Dechaine National Bank Financial Inc | Sector Perform | $62 | Maintains | Sep 1, 2023 |
| John Aiken Barclays | Equal-Weight | $57 | Maintains | Sep 1, 2023 |
| Sohrab Movahedi BMO Capital | Outperform | $65 | Maintains | Sep 1, 2023 |
| Darko Mihelic RBC Capital | Sector Perform | $70 | Maintains | Feb 27, 2023 |
| Pauline Bell CFRA | Hold | $65 | Maintains | May 29, 2020 |
B of A Securities | Neutral | $88 | Maintains | May 13, 2020 |
Barclays | Equal-Weight | $80 | Maintains | May 11, 2020 |
B of A Securities | Neutral | Upgrade | Feb 4, 2020 | |
| Darko Mihelic RBC Capital | Sector Perform | $135 | Maintains | May 24, 2018 |
Barclays | Overweight | Upgrade | Dec 19, 2017 | |
TD Securities | Buy | Upgrade | Sep 6, 2017 | |
Credit Suisse | Neutral | Upgrade | Mar 31, 2017 | |
Bank of America | Underperform | Initiates | Nov 1, 2016 | |
B of A Securities | Underperform | Initiates | Nov 1, 2016 | |
Dundee | Buy | Initiates | Sep 21, 2016 | |
BMO Capital | Market Perform | $103 | Maintains | Aug 26, 2016 |
When did it IPO
1997
Staff Count
48,552
Country
Canada
Sector/Industry
Financial Services/Banks—Diversified
CEO
Mr. Victor G. Dodig
Market Cap
$57.01B
In 2023, CM generated $23.29B in revenue, which was a increase of 7.01% from the previous year. This can be seen as a signal that CM's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Thu, 26 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Canadian Imperial Bank (CM) has been upgraded to a Zacks Rank #1 (Strong Buy), indicating increasing optimism about its earnings prospects.
Why It Matters - An upgrade to Zacks Rank #1 signals strong earnings potential for Canadian Imperial Bank, suggesting increased investor confidence and possible stock price appreciation.
Wed, 25 Sep 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - The SEC has charged firms, including CM, SF, and IVZ, with millions in fines for failing to maintain and preserve electronic communications.
Why It Matters - The SEC's charges indicate increased regulatory scrutiny, potentially impacting firms' reputations and operational costs, which may affect stock performance and investor sentiment.
Thu, 26 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - HOOD, DXPE, GOLD, SBSI, and CM were added to the Zacks Rank #1 (Strong Buy) List on September 26, 2024, indicating strong investment potential.
Why It Matters - The addition of HOOD, DXPE, GOLD, SBSI, and CM to the Zacks Rank #1 list indicates strong growth potential, signaling bullish sentiment and possible price appreciation for these stocks.
Thu, 26 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - SBSI, CM, and PCB were added to the Zacks Rank #1 (Strong Buy) income stocks list on September 26, 2024.
Why It Matters - SBSI, CM, and PCB's Zacks Rank #1 designation signals strong buy potential, indicating favorable market sentiment and potential for price appreciation, attracting investor interest.
Mon, 23 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Canadian Imperial Bank (CM) is being evaluated for its potential as a top stock pick for momentum investors. Further analysis is needed to determine its suitability.
Why It Matters - The inquiry into Canadian Imperial Bank's momentum potential signals market interest, influencing stock performance and investor sentiment, which could impact share prices.
Tue, 17 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - DXPE, PGR, SKM, AXS, and CM received a Zacks Rank #1 (Strong Buy) rating as of September 17, 2024.
Why It Matters - The addition of DXPE, PGR, SKM, AXS, and CM to the Zacks Rank #1 list signals strong growth potential, suggesting these stocks may outperform the market, attracting investor interest.
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