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Comerica Inc has a consensus price target of $62.32 based on the ratings of 26 analysts. The high is $80 issued by Baird on November 18, 2024. The low is $43 issued by Truist Securities on October 23, 2023. The 3 most-recent analyst ratings were released by Baird, Wells Fargo, and Evercore ISI Group on November 18, 2024, November 15, 2024, and October 30, 2024, respectively. With an average price target of $74 between Baird, Wells Fargo, and Evercore ISI Group, there's an implied 4.09% upside for Comerica Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Comerica (NYSE:CMA) was reported by Baird on November 18, 2024. The analyst firm set a price target for $80.00 expecting CMA to rise to within 12 months (a possible 12.53% upside). 70 analyst firms have reported ratings in the last year.
The latest analyst rating for Comerica (NYSE:CMA) was provided by Baird, and Comerica maintained their outperform rating.
The last upgrade for Comerica Inc happened on November 15, 2024 when Wells Fargo raised their price target to $73. Wells Fargo previously had an underweight for Comerica Inc.
The last downgrade for Comerica Inc happened on October 7, 2024 when B of A Securities changed their price target from $55 to $52 for Comerica Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Comerica, 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 Comerica was filed on November 18, 2024 so you should expect the next rating to be made available sometime around November 18, 2025.
While ratings are subjective and will change, the latest Comerica (CMA) rating was a maintained with a price target of $75.00 to $80.00. The current price Comerica (CMA) is trading at is $71.09, which is out of the analyst’s predicted range.
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