Canadian Imperial Bank of Comme – Consensus Indicates Potential 41.5% Upside

Canadian Imperial Bank of Comme with ticker code (CM) have now 2 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 102.97 and 94.97 and has a mean target at 98.97. Given that the stocks previous close was at 69.92 this would imply there is a potential upside of 41.5%. The day 50 moving average is 68.76 and the 200 day MA is 67.96. The company has a market cap of $30,919m. Visit the company website at: http://www.cibc.com

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 four strategic business units: Canadian Personal and Small Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; and Capital Markets. It offers chequing, savings, and business accounts; mortgages; loans, lines of credit, student lines of credit, and business and agriculture loans; investment and insurance services; and credit cards, as well as overdraft protection services. Canadian Imperial Bank of Commerce also provides day-to-day banking, borrowing and credit, investing and wealth, specialty, and international services; correspondent banking and online foreign exchange services; and cash management services. The company serves its customers through its banking centers, as well as direct, mobile, and remote channels. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.

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