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Commerce Bancshares
CBSHNASDAQ
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Commerce Bancshares (NASDAQ:CBSH) Stock, Analyst Ratings, Price Targets, Forecasts
Commerce Bancshares Inc has a consensus price target of $60 based on the ratings of 10 analysts. The high is $70 issued by Wells Fargo on March 21, 2022. The low is $48 issued by Morgan Stanley on July 26, 2023. The 3 most-recent analyst ratings were released by Morgan Stanley, Wells Fargo, and Jefferies on July 22, 2024, July 22, 2024, and July 3, 2024, respectively. With an average price target of $60.67 between Morgan Stanley, Wells Fargo, and Jefferies, there's an implied -4.88% downside for Commerce Bancshares Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Morgan Stanley
Wells Fargo
Jefferies
Keefe, Bruyette & Woods
Raymond James
1calculated from analyst ratings
Analyst Ratings for Commerce Bancshares
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 07/22/2024 | Buy Now | -9.06% | Morgan Stanley | Manan Gosalia | $55 → $58 | Maintains | Equal-Weight | Get Alert |
| 07/22/2024 | Buy Now | -2.79% | Wells Fargo | Steven Shaw | $52 → $62 | Maintains | Equal-Weight | Get Alert |
| 07/03/2024 | Buy Now | -2.79% | Jefferies | Ken Usdin | $60 → $62 | Maintains | Hold | Get Alert |
| 05/10/2024 | Buy Now | -5.93% | Keefe, Bruyette & Woods | Christopher Mcgratty | $58 → $60 | Maintains | Market Perform | Get Alert |
| 04/17/2024 | Buy Now | -4.36% | Raymond James | David Long | → $61 | Upgrade | Market Perform → Outperform | Get Alert |
| 04/17/2024 | Buy Now | -9.06% | Keefe, Bruyette & Woods | Christopher Mcgratty | $56 → $58 | Maintains | Market Perform | Get Alert |
| 04/17/2024 | Buy Now | -15.33% | Piper Sandler | Nathan Race | $53 → $54 | Maintains | Neutral | Get Alert |
| 02/07/2024 | Buy Now | -13.77% | Morgan Stanley | Manan Gosalia | $46 → $55 | Maintains | Equal-Weight | Get Alert |
| 01/19/2024 | Buy Now | -12.2% | Keefe, Bruyette & Woods | Christopher Mcgratty | — | Maintains | Market Perform | Get Alert |
| 01/11/2024 | Buy Now | -13.77% | B of A Securities | Brandon Berman | → $55 | Initiates | → Neutral | Get Alert |
| 12/04/2023 | Buy Now | -27.88% | Morgan Stanley | Manan Gosalia | $46.67 → $46 | Maintains | Equal-Weight | Get Alert |
| 12/01/2023 | Buy Now | -26.83% | Morgan Stanley | Manan Gosalia | $49 → $46.67 | Maintains | Equal-Weight | Get Alert |
| 10/20/2023 | Buy Now | -20.04% | Piper Sandler | Nathan Race | $49.52 → $48.57 | Maintains | Neutral | Get Alert |
| 10/20/2023 | Buy Now | -21.61% | Wells Fargo | Steven Shaw | $49.52 → $47.62 | Maintains | Equal-Weight | Get Alert |
| 09/27/2023 | Buy Now | -23.17% | Morgan Stanley | Manan Gosalia | $45.71 → $46.67 | Upgrade | Underweight → Equal-Weight | Get Alert |
| 07/26/2023 | Buy Now | -24.74% | Morgan Stanley | Betsy Graseck | $45.71 → $45.71 | Reiterates | Underweight → Underweight | Get Alert |
| 07/07/2023 | Buy Now | -24.74% | Morgan Stanley | Betsy Graseck | $45.71 → $45.71 | Reiterates | Underweight → Underweight | Get Alert |
| 05/16/2023 | Buy Now | -24.74% | Morgan Stanley | Betsy Graseck | $47.62 → $45.71 | Downgrade | Equal-Weight → Underweight | Get Alert |
| 04/06/2023 | Buy Now | -4.36% | Keefe, Bruyette & Woods | Christopher Mcgratty | $68.57 → $58.1 | Maintains | Market Perform | Get Alert |
| 04/05/2023 | Buy Now | -21.61% | Morgan Stanley | Betsy Graseck | $66.67 → $47.62 | Maintains | Equal-Weight | Get Alert |
| 04/05/2023 | Buy Now | -5.93% | Wells Fargo | Steven Shaw | $61.9 → $57.14 | Maintains | Equal-Weight | Get Alert |
| 01/06/2023 | Buy Now | 9.75% | Morgan Stanley | Manan Gosalia | $67.12 → $66.67 | Maintains | Equal-Weight | Get Alert |
| 12/07/2022 | Buy Now | 10.5% | Morgan Stanley | Manan Gosalia | $70.48 → $67.12 | Maintains | Equal-Weight | Get Alert |
| 11/16/2022 | Buy Now | 16.02% | Piper Sandler | Nathan Race | $62.58 → $67.12 | Maintains | Neutral | Get Alert |
| 03/21/2022 | Buy Now | 9.75% | Wells Fargo | Jared Shaw | $54.42 → $63.5 | Upgrade | Underweight → Equal-Weight | Get Alert |
| 12/06/2021 | Buy Now | 9.75% | Morgan Stanley | Ken Zerbe | $57.14 → $63.5 | Maintains | Underweight | Get Alert |
| 12/02/2021 | Buy Now | -1.22% | Morgan Stanley | Ken Zerbe | $57.02 → $57.14 | Maintains | Underweight | Get Alert |
| 12/01/2021 | Buy Now | -1.44% | Morgan Stanley | Ken Zerbe | $59.87 → $57.02 | Maintains | Underweight | Get Alert |
| 10/27/2021 | Buy Now | 3.48% | Morgan Stanley | Ken Zerbe | $57.88 → $57.02 | Maintains | Underweight | Get Alert |
| 07/23/2021 | Buy Now | -5.93% | Wells Fargo | Jared Shaw | $48.37 → $51.83 | Maintains | Underweight | Get Alert |
FAQ
What is the target price for Commerce Bancshares (CBSH) stock?
The latest price target for Commerce Bancshares (NASDAQ:CBSH) was reported by Morgan Stanley on July 22, 2024. The analyst firm set a price target for $58.00 expecting CBSH to fall to within 12 months (a possible -9.06% downside). 16 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Commerce Bancshares (CBSH)?
The latest analyst rating for Commerce Bancshares (NASDAQ:CBSH) was provided by Morgan Stanley, and Commerce Bancshares maintained their equal-weight rating.
When was the last upgrade for Commerce Bancshares (CBSH)?
The last upgrade for Commerce Bancshares Inc happened on April 17, 2024 when Raymond James raised their price target to $61. Raymond James previously had a market perform for Commerce Bancshares Inc.
When was the last downgrade for Commerce Bancshares (CBSH)?
The last downgrade for Commerce Bancshares Inc happened on May 16, 2023 when Morgan Stanley changed their price target from $50 to $48 for Commerce Bancshares Inc.
When is the next analyst rating going to be posted or updated for Commerce Bancshares (CBSH)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Commerce Bancshares, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Commerce Bancshares was filed on July 22, 2024 so you should expect the next rating to be made available sometime around July 22, 2025.
Is the Analyst Rating Commerce Bancshares (CBSH) correct?
While ratings are subjective and will change, the latest Commerce Bancshares (CBSH) rating was a maintained with a price target of $55.00 to $58.00. The current price Commerce Bancshares (CBSH) is trading at is $63.78, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.