Discussion stirs around Canadian Imperial Bank of Commerce (TSE:CM) this week; here is what analysts are saying.

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Canadian Imperial Bank of Commerce (TSE:CM) Ratings Coverage

Among 5 analysts covering Canadian Imperial Bank (TSE:CM), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Canadian Imperial Bank has $128 highest and $120 lowest target. $124’s average target is 26.27% above currents $98.2 stock price. Canadian Imperial Bank had 6 analyst reports since February 19, 2019 according to SRatingsIntel. The stock of Canadian Imperial Bank of Commerce (TSE:CM) earned “Hold” rating by National Bank Canada on Friday, March 1. Scotia Capital maintained Canadian Imperial Bank of Commerce (TSE:CM) on Friday, March 1 with “Hold” rating. The firm earned “Hold” rating on Thursday, February 28 by BMO Capital Markets. The company was maintained on Thursday, February 28 by Barclays Capital. The firm earned “Hold” rating on Thursday, February 21 by Scotia Capital. The rating was maintained by Canaccord Genuity on Tuesday, February 19 with “Buy”. Below is a list of Canadian Imperial Bank of Commerce (TSE:CM) latest ratings and price target changes.

01/03/2019 Broker: Scotia Capital Rating: Hold New Target: $124 Maintain
01/03/2019 Broker: National Bank Canada Rating: Hold New Target: $120 Maintain
28/02/2019 Broker: Barclays Capital Rating: Buy New Target: $123 Maintain
28/02/2019 Broker: BMO Capital Markets Rating: Hold New Target: $128 Maintain
21/02/2019 Broker: Scotia Capital Rating: Hold New Target: $126 Maintain
19/02/2019 Broker: Canaccord Genuity Rating: Buy New Target: $125 Maintain

The stock decreased 0.95% or $0.94 during the last trading session, reaching $98.2. About 1.48 million shares traded. Canadian Imperial Bank of Commerce (TSE:CM) has 0.00% since August 15, 2018 and is . It has by 0.00% the S&P500.

Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial services and products to individual, small business, commercial, corporate, and institutional clients in Canada and internationally. The company has market cap of $43.68 billion. It operates through three business units: Retail and Business Banking, Wealth Management, and Capital Markets. It has a 8.64 P/E ratio. The Retail and Business Banking business unit offers deposits, including checking, savings, and business accounts; loans, mortgages, lines of credit, and business lending services; cards; insurance services and products; and financial advisory services through advisors and relationship managers, and banking centers, as well as through remote channels, such as mobile advisors, telephone banking, online banking, and mobile banking.

More notable recent Canadian Imperial Bank of Commerce (TSE:CM) news were published by: Midasletter.com which released: “S&P/TSX Composite index (OSPTX) Banks-led Plunge: Bank of Montreal, Royal Bank of Canada, Bank of Nova Scotia – Midas Letter” on February 01, 2016, also Finance.Yahoo.com with their article: “MONEY MARKETS-LIBOR posts biggest one-day rise since December – Yahoo Finance” published on July 08, 2019, Finance.Yahoo.com published: “Introducing Canadian Imperial Bank of Commerce (TSE:CM), The Stock That Dropped 10% In The Last Year – Yahoo Finance” on July 09, 2019. More interesting news about Canadian Imperial Bank of Commerce (TSE:CM) were released by: Finance.Yahoo.com and their article: “Does Canadian Imperial Bank of Commerce’s (TSE:CM) CEO Salary Reflect Performance? – Yahoo Finance” published on August 14, 2019 as well as Finance.Yahoo.com‘s news article titled: “SiFive Announces Strategic Partnership with QuickLogic and Launches SoC Templates for Rapid Chip Design – Yahoo Finance” with publication date: April 25, 2019.

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