Canadian Imperial Bank of Comme found using ticker (CM) now have 2 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 57.46 and 56.2 calculating the average target price we see 56.83. With the stocks previous close at 43.58 this is indicating there is a potential upside of 30.4%. The 50 day moving average now sits at 46.81 and the 200 day moving average is 54.39. The company has a market capitalisation of $39,555m. Visit the company website at: https://www.cibc.com
The potential market cap would be $51,581m based on the market concensus.
Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through four strategic business units: Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; and Capital Markets. The company offers chequing, savings, and business accounts; mortgages; loans, lines of credit, student lines of credit, and business and agriculture loans; investment and insurance services; and credit cards, as well as overdraft protection services. It also provides day-to-day banking, borrowing and credit, specialty, investing and wealth, and international services; correspondent banking and online foreign exchange services; and cash management services. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.
