Commerce Bancshares, Inc. with ticker code (CBSH) now have 8 market analysts covering the stock. The analyst consensus now points to a rating of ‘hold’. The target price High/Low ranges between $71.00 and $62.00 and has a mean share price target at $66.06. (at the time of writing). Now with the previous closing price of $63.03 this would imply there is now a potential upside of 4.8%. It’s also worth noting that there is a 50 day moving average of $60.81 and the 200 day moving average is $55.07. The company has a market capitalization of 8.03B. The stock price is currently at: $62.30 USD
The potential market cap would be $8,417,688,870 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 16.88, revenue per share of $12.26 and a 1.55% 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.
