Canadian Imperial Bank Of Commerce (CM)
NYSE:CM

Canadian Bank of Commerce (CM) Stock Forecast & Price Target

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See the Price Targets and Ratings of:

CM Analyst Ratings

Moderate Buy
10Ratings
3 Buy
7 Hold
0 Sell
Based on 10 analysts giving stock ratings to
Canadian
Bank of Commerce
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

CM Stock 12 Months Forecast

Average Price Target

$51.11
▲(15.82% Upside)
Based on 10 Wall Street analysts offering 12 month price targets for Canadian Bank of Commerce in the last 3 months. The average price target is $51.11 with a high forecast of $60.24 and a low forecast of $47.60. The average price target represents a 15.82% change from the last price of $44.13.
Highest Price Target$60.24Average Price Target$51.11Lowest Price Target$47.60
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
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Article
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Desjardins
$54.29
Hold
23.03%
Upside
Reiterated
CIBC price target lowered to C$73 from C$74 at DesjardinsCIBC price target lowered to C$73 from C$74 at Desjardins
Bank of America Securities
$55.78
Hold
26.40%
Upside
Downgraded
CIBC downgraded to Neutral from Buy at BofACIBC downgraded to Neutral from Buy at BofA
KBW
$63.96
Hold
44.94%
Upside
Reiterated
CIBC price target lowered to C$172 from C$174 at StifelCIBC price target lowered to C$172 from C$174 at Stifel
Veritas Investment Research Analyst forecast on CM
Unknown Analyst
Not Ranked
Veritas Investment Research
Sell
Reiterated
Canadian Bank of Commerce (CM) Receives a Sell from Veritas Investment Research
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CM Financial Forecast

CM Earnings Forecast
Next quarter’s earnings estimate for CM is $1.29 with a range of $1.16 to $1.39. The previous quarter’s EPS was $1.03. CM beat its EPS estimate 50.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.60% of the time in the same period. In the last calendar year CM has Underperformed its overall industry.
Next quarter’s earnings estimate for CM is $1.29 with a range of $1.16 to $1.39. The previous quarter’s EPS was $1.03. CM beat its EPS estimate 50.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 62.60% of the time in the same period. In the last calendar year CM has Underperformed its overall industry.
CM Sales Forecast
Next quarter’s sales forecast for CM is $4.24B with a range of $4.15B to $4.35B. The previous quarter’s sales results were $7.69B. CM beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 77.91% of the time in the same period. In the last calendar year CM has Outperformed its overall industry.
Next quarter’s sales forecast for CM is $4.24B with a range of $4.15B to $4.35B. The previous quarter’s sales results were $7.69B. CM beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 77.91% of the time in the same period. In the last calendar year CM has Outperformed its overall industry.
CM Analyst Recommendation Trends
In the current month, CM has received 2 Buy ratings 6 Hold ratings, and 0 Sell ratings. The CM average analyst price target in the past 3 months is $51.11
In the current month, CM has received 2 Buy ratings 6 Hold ratings, and 0 Sell ratings. The CM average analyst price target in the past 3 months is $51.11

CM Stock Forecast FAQ

What is CM’s average 12-month price target, according to analysts?
Based on analyst ratings, Canadian Bank of Commerce’s 12-month average price target is $51.11.
    What is CM’s upside potential, based on the analysts’ average price target?
    Canadian Bank of Commerce has 15.82% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is CM a Buy, Sell or Hold?
          Canadian Bank of Commerce has a conensus rating of Moderate Buy which is based on 3 buy ratings, 7 hold ratings and 0 sell ratings.
            What is Canadian Bank of Commerce’s price target?
            The average price target for Canadian Bank of Commerce is $51.11. This is based on 10 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is $60.24 ,the lowest forecast is $47.60. The average price target represents 15.82% Increase from the current price of $44.13.
              What do analysts say about Canadian Bank of Commerce?
              Canadian Bank of Commerce’s analyst rating consensus is a ‘Moderate Buy. This is based on the ratings of 10 Wall Streets Analysts.

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