Commerce Bancshares, Inc. which can be found using ticker (CBSH) now have 6 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The target price High/Low ranges between $74.00 and $70.00 with the average share target price sitting at $71.33. (at the time of writing). Given that the stocks previous close was at $64.09 this would indicate that there is a potential upside of 11.3%. Also worth taking note is the 50 day moving average now sits at $65.13 while the 200 day moving average is $60.02. The total market capitalization for the company now stands at 8.68B. The price for the stock stands currently at: $64.45 USD
The potential market cap would be $9,658,196,216 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 16.65, revenue per share of $12.02 and a 1.68% 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.
