Canadian Imperial Bank of Commerce (CM) Social Stream



Canadian Imperial Bank of Commerce (CM): $63.40

0.51 (+0.81%)

POWR Rating

Component Grades

Momentum

A

Stability

B

Sentiment

Quality

D

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Industry: Foreign Banks

Industry

D

Ranked

#72 of 91

in industry

CANADIAN IMPERIAL BANK OF COMMERCE (CM) Price Targets From Analysts

The tables below show the price targets and recommendations analysts covering CM.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Current Price Upside Potential
2021-11-08 8 $134 $95 $112.778 $46.31 143.53%
2021-11-22 8 $139 $95.16 $117.052 $46.31 152.76%
2021-12-03 6 $137 $101.4 $125.59 $46.31 171.19%
2021-12-15 6 $137 $125.6 $131.537 $46.31 184.04%
2022-02-14 7 $137 $127.98 $132.132 $46.31 185.32%
2022-02-22 8 $137 $127.98 $132.882 $46.31 186.94%
2022-02-27 7 $145 $127.98 $136.44 $46.31 194.62%
2022-04-07 7 $145 $131.93 $138.336 $46.31 198.72%
2022-04-08 7 $145 $131.93 $138.364 $46.31 198.78%
2022-05-09 7 $145 $127.14 $137.09 $46.31 196.03%
2022-05-12 7 $145 $110.11 $129.42 $46.31 179.46%
2022-05-15 7 $71.89 $55.055 $64.043 $46.31 38.29%
2022-05-17 7 $71.89 $59 $64.962 $46.31 40.28%
2022-05-20 8 $70.07 $59 $63.77 $46.31 37.7%
2022-05-26 8 $70.07 $59 $63.344 $46.31 36.78%
2022-05-27 8 $70.07 $59 $63.45 $46.31 37.01%
2022-06-20 9 $70.07 $59 $63.451 $46.31 37.01%
2022-08-14 8 $70.07 $57.72 $63.696 $46.31 37.54%
2022-08-19 8 $70.07 $57.72 $63.177 $46.31 36.42%
2022-08-25 8 $70.07 $56 $62.997 $46.31 36.03%
2022-08-26 8 $70.07 $56 $61.775 $46.31 33.39%
2022-09-17 8 $70.07 $56 $61.296 $46.31 32.36%
2022-11-04 8 $70.07 $51.79 $60.743 $46.31 31.17%
2022-11-16 8 $70.07 $51.79 $61.263 $46.31 32.29%
2022-11-22 8 $70.07 $51.79 $61.038 $46.31 31.8%
2022-12-02 8 $70.07 $46.72 $56.681 $46.31 22.39%
2022-12-12 8 $70.07 $45 $56.181 $46.31 21.32%
2022-12-20 9 $70.07 $44.53 $55.725 $46.31 20.33%
2023-01-26 9 $70.07 $44.53 $55.206 $46.31 19.21%
2023-02-13 9 $70.07 $44.53 $56.353 $46.31 21.69%
2023-02-24 9 $70.07 $45 $56.493 $46.31 21.99%
2023-03-22 9 $70.07 $47.36 $58.186 $46.31 25.64%
2023-04-13 9 $70.07 $47.36 $58.326 $46.31 25.95%
2023-05-09 8 $70 $41.44 $54.97 $46.31 18.7%
2023-05-19 8 $70 $41.44 $54.805 $46.31 18.34%
2023-05-23 8 $70 $41.44 $54.476 $46.31 17.63%
2023-05-26 8 $66 $42.53 $50.575 $46.31 9.21%
2023-06-08 9 $66 $42.53 $49.25 $46.31 6.35%
2023-07-24 9 $66 $42.53 $49.472 $46.31 6.83%
2023-08-21 9 $66 $42.53 $49.322 $46.31 6.5%
2023-08-31 9 $52.796 $42.53 $47.226 $46.31 1.98%
2023-09-01 11 $52.796 $42.23 $47.023 $46.31 1.54%
2023-09-15 12 $51.732 $42.23 $46.711 $46.31 0.87%
2023-09-25 12 $51.732 $42.23 $46.644 $46.31 0.72%
2023-11-03 12 $51.732 $39.6 $46.069 $46.31 -0.52%
2023-11-20 12 $51.732 $40.13 $46.113 $46.31 -0.43%
2023-11-23 12 $51.732 $40.13 $45.491 $46.31 -1.77%
2023-11-30 12 $51.732 $40.13 $45.32 $46.31 -2.14%
2023-12-01 12 $51.732 $40.88 $45.295 $46.31 -2.19%
2023-12-18 12 $51.732 $40.88 $45.172 $46.31 -2.46%
2023-12-20 12 $53.25 $40.88 $46.66 $46.31 0.76%

The Trend in the Analyst Price Target


Over the past 30 weeks, CM's average price target has gone down $6.15.

CM reports an average of 19.33% for its upside potential over the past 47 weeks.

Date Number of Analysts Highest Target Price Lowest Target Price Average Target Price Share Price Upside Potential
2023-05-26 8 66.000 42.53 52.809 42.28 24.9%
2023-08-21 9 52.796 42.53 47.226 39.44 19.74%
2023-09-01 11 51.732 42.23 46.711 39.82 17.31%
2023-09-01 11 52.796 42.23 47.023 39.82 18.09%
2023-11-03 12 51.732 39.60 46.069 37.91 21.52%

CM Broker Recommendations Summary

Average Broker Rating Strong Buy Buy Hold Sell Strong Sell Analysts Issuing Recs
2.67 2 0 10 0 0 12

The Trend in the Broker Recommendations


CM's average broker recommendation rating improved by 0.44 over the prior 35 weeks.

The bullet points below may help you gain a better understanding of what the metrics in the price target and recommendations tables above mean for CM as an investment opportunity.

  • CANADIAN IMPERIAL BANK OF COMMERCE's number of analysts covering the stock is greater than 1311.24% of stocks in the large market cap category.
  • In terms of how CANADIAN IMPERIAL BANK OF COMMERCE fares relative to stocks in the large market cap category, note that its variance in analysts' estimates is lower than -1736.38% of that group.
  • In the context of Financial Services stocks, CANADIAN IMPERIAL BANK OF COMMERCE's upside potential (average analyst target price relative to current price) is greater than 4790.78% of them.
  • In the context of Banking stocks, CANADIAN IMPERIAL BANK OF COMMERCE's average analyst price target is greater than 5170.28% of them.

In terms of price targets and recommendations offered by analysts, the stocks in the Banking industry with the ratings most similar to CANADIAN IMPERIAL BANK OF COMMERCE are BMO, TD, and BCS.

What is the outlook for CM? Use POWR Ratings for clearer insight into price direction.


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