Analysts take a look at Canadian Imperial Bank of Commerce (TSE:CM) having this to say.

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Canadian Imperial Bank of Commerce (TSE:CM) Ratings Coverage

Among 5 analysts covering Canadian Imperial Bank (TSE:CM), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Canadian Imperial Bank has $128 highest and $120 lowest target. $124’s average target is 26.27% above currents $98.2 stock price. Canadian Imperial Bank had 6 analyst reports since February 19, 2019 according to SRatingsIntel. The company was maintained on Thursday, February 28 by BMO Capital Markets. The stock of Canadian Imperial Bank of Commerce (TSE:CM) has “Hold” rating given on Thursday, February 21 by Scotia Capital. Barclays Capital maintained the shares of CM in report on Thursday, February 28 with “Buy” rating. The firm has “Hold” rating given on Friday, March 1 by Scotia Capital. The firm has “Buy” rating by Canaccord Genuity given on Tuesday, February 19. As per Friday, March 1, the company rating was maintained by National Bank Canada. Below is a list of Canadian Imperial Bank of Commerce (TSE:CM) latest ratings and price target changes.

01/03/2019 Broker: Scotia Capital Rating: Hold New Target: $124 Maintain
01/03/2019 Broker: National Bank Canada Rating: Hold New Target: $120 Maintain
28/02/2019 Broker: Barclays Capital Rating: Buy New Target: $123 Maintain
28/02/2019 Broker: BMO Capital Markets Rating: Hold New Target: $128 Maintain
21/02/2019 Broker: Scotia Capital Rating: Hold New Target: $126 Maintain
19/02/2019 Broker: Canaccord Genuity Rating: Buy New Target: $125 Maintain

The stock decreased 0.95% or $0.94 during the last trading session, reaching $98.2. About 1.48M shares traded. Canadian Imperial Bank of Commerce (TSE:CM) has 0.00% since August 15, 2018 and is . It has by 0.00% the S&P500.

Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial services and products to individual, small business, commercial, corporate, and institutional clients in Canada and internationally. The company has market cap of $43.68 billion. It operates through three business units: Retail and Business Banking, Wealth Management, and Capital Markets. It has a 8.64 P/E ratio. The Retail and Business Banking business unit offers deposits, including checking, savings, and business accounts; loans, mortgages, lines of credit, and business lending services; cards; insurance services and products; and financial advisory services through advisors and relationship managers, and banking centers, as well as through remote channels, such as mobile advisors, telephone banking, online banking, and mobile banking.

More notable recent Canadian Imperial Bank of Commerce (TSE:CM) news were published by: Reuters.com which released: “Shopify raises revenue forecast on higher e-commerce demand – Reuters” on August 01, 2019, also Globenewswire.com with their article: “Shelley Brown, FCPA, FCA, CM honoured with Lifetime Achievement Award from CPABC – GlobeNewswire” published on February 08, 2019, Theglobeandmail.com published: “Tuesday’s TSX breakouts: A beaten-down stock with 8 buy calls and a 43% gain expected – The Globe and Mail” on February 26, 2019. More interesting news about Canadian Imperial Bank of Commerce (TSE:CM) were released by: Finance.Yahoo.com and their article: “SiFive Announces Strategic Partnership with QuickLogic and Launches SoC Templates for Rapid Chip Design – Yahoo Finance” published on April 25, 2019 as well as Midasletter.com‘s news article titled: “S&P/TSX Composite index (OSPTX) Banks-led Plunge: Bank of Montreal, Royal Bank of Canada, Bank of Nova Scotia – Midas Letter” with publication date: February 01, 2016.

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