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Canadian Imperial Bank

CMNYSE
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$64.37
0.590.93%
At close: -
$66.33
1.963.04%
After Hours: Dec 20, 9:06 AM EDT
The dividend Ex-Date is in 5 days
Consensus Rating1
Sector Perform
Highest Price Target1
$97.00
Lowest Price Target1
$57.00
Consensus Price Target1
$74.25

Canadian Imperial Bank (NYSE:CM) Stock, Analyst Ratings, Price Targets, Forecasts

Canadian Imperial Bank of Commerce has a consensus price target of $74.25 based on the ratings of 5 analysts. The high is $97 issued by RBC Capital on December 6, 2024. The low is $57 issued by Barclays on September 1, 2023. The 3 most-recent analyst ratings were released by RBC Capital, BMO Capital, and BMO Capital on December 6, 2024, August 30, 2024, and May 31, 2024, respectively. With an average price target of $85 between RBC Capital, BMO Capital, and BMO Capital, there's an implied 32.05% upside for Canadian Imperial Bank of Commerce from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Aug
0
0
0
0
Dec
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
1.2
Strong Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

RBC Capital
BMO Capital
National Bank Financial Inc
Barclays

1calculated from analyst ratings

Analyst Ratings for Canadian Imperial Bank

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Canadian Imperial Bank (CM) stock?

A

The latest price target for Canadian Imperial Bank (NYSE:CM) was reported by RBC Capital on December 6, 2024. The analyst firm set a price target for $97.00 expecting CM to rise to within 12 months (a possible 50.69% upside). 3 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Canadian Imperial Bank (CM)?

A

The latest analyst rating for Canadian Imperial Bank (NYSE:CM) was provided by RBC Capital, and Canadian Imperial Bank reiterated their sector perform rating.

Q

When was the last upgrade for Canadian Imperial Bank (CM)?

A

The last upgrade for Canadian Imperial Bank of Commerce happened on December 18, 2023 when B of A Securities raised their price target to N/A. B of A Securities previously had an underperform for Canadian Imperial Bank of Commerce.

Q

When was the last downgrade for Canadian Imperial Bank (CM)?

A

There is no last downgrade for Canadian Imperial Bank.

Q

When is the next analyst rating going to be posted or updated for Canadian Imperial Bank (CM)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Canadian Imperial Bank, 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 Canadian Imperial Bank was filed on December 6, 2024 so you should expect the next rating to be made available sometime around December 6, 2025.

Q

Is the Analyst Rating Canadian Imperial Bank (CM) correct?

A

While ratings are subjective and will change, the latest Canadian Imperial Bank (CM) rating was a reiterated with a price target of $74.00 to $97.00. The current price Canadian Imperial Bank (CM) is trading at is $64.37, which is out of the analyst’s predicted range.

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