Canadian Imperial Bank of Comme with ticker code (CM) now have 2 analysts in total covering the stock. The consensus rating is ‘Underperform’. The range between the high target price and low target price is between 45.08 and 33.78 calculating the mean target price we have 39.43. With the stocks previous close at 43.3 this now indicates there is a potential downside of -8.9%. The 50 day moving average now sits at 43.97 and the 200 moving average now moves to 48.88. The market capitalisation for the company is $39,619m. You can visit the company’s website by visiting: https://www.cibc.com
The potential market cap would be $36,078m 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 Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; and Capital Markets. The company offers checking, savings, and business accounts; mortgages; business, car, and other loans; lines of credit, student lines of credit, and agriculture loans; investment and insurance services; and credit cards, as well as mobile, online, and overdraft protection services. It also provides day-to-day banking, borrowing and credit, specialty, investing and private wealth, and international banking services; foreign exchange services; and cash management services. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.
