Commerce Bancshares, Inc. which can be found using ticker (CBSH) have now 7 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The target price High/Low ranges between $78.00 and $63.81 calculating the average target share price we see $71.00. (at the time of writing). Given that the stocks previous close was at $68.33 this now indicates there is a potential upside of 3.9%. It’s also worth noting that there is a 50 day moving average of $63.19 and the 200 day MA is $56.53. The market capitalization for the company is 9.20B. Currently the stock stands at: $67.66 USD
The potential market cap would be $9,559,351,321 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 18.49, revenue per share of $12.56 and a 1.62% return on assets.
Commerce Bancshares, Inc. is a bank holding company. The Company operates as a super-community bank and offers a range of financial products to consumer and commercial customers. It has approximately 275 locations in Missouri, Kansas, Illinois, Oklahoma and Colorado and commercial offices. The Company’s segments include Commercial, Consumer, and Wealth. The Commercial segment provides a full array of corporate lending, merchant and commercial bank card products, payment solutions, leasing, and international services, as well as business and government deposit, investment, and cash management services. The Consumer segment includes the retail branch network, consumer instalment lending, personal mortgage banking, and consumer debit and credit bank card activities. The Wealth segment provides traditional trust and estate planning services, brokerage services, and advisory and discretionary investment portfolio management services to both personal and institutional corporate customers.
