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Commonwealth Bank of Australia (CMWAY) Stock Forecast & Price Target

Commonwealth Bank of Australia logo
$93.56
-0.42 (-0.45%)
(As of 10/31/2024 ET)

Commonwealth Bank of Australia - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
0
Buy
0

Based on 1 Wall Street analysts who have issued ratings for Commonwealth Bank of Australia in the last 12 months, the stock has a consensus rating of "Sell." Out of the 1 analysts, 1 has given a sell rating for CMWAY.

Consensus Price Target

N/A

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CMWAY Analyst Ratings Over Time

TypeCurrent Forecast
11/1/23 to 10/31/24
1 Month Ago
10/2/23 to 10/1/24
3 Months Ago
8/3/23 to 8/2/24
1 Year Ago
11/1/22 to 11/1/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
0 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
2 Sell rating(s)
Consensus Price TargetN/AN/AN/A$91.30
Forecasted UpsideN/AN/AN/A46.94% Upside
Consensus Rating
Sell
Sell
Sell
Sell

CMWAY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CMWAY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Commonwealth Bank of Australia Stock vs. The Competition

TypeCommonwealth Bank of AustraliaFinancial Services CompaniesS&P 500
Consensus Rating Score
1.00
2.60
2.50
Consensus RatingSellModerate BuyHold
Predicted UpsideN/A41.37% Upside10.62% Upside
News Sentiment Rating
Neutral News

See Recent CMWAY News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/24/2024UBS Group
4 of 5 stars
L. Shaw
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeStrong Sell
11/15/2022Jefferies Financial Group
2 of 5 stars
Brian Johnson
Subscribe to MarketBeat All Access for the recommendation accuracy rating
DowngradeHold ➝ Underperform$96.00 ➝ $91.30+27.80%
11/15/2022JPMorgan Chase & Co.
3 of 5 stars
 DowngradeNeutral ➝ Underweight

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 07:43 PM ET.


Should I Buy Commonwealth Bank of Australia Stock? CMWAY Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, October 17, 2024. Please send any questions or comments about these Commonwealth Bank of Australia pros and cons to contact@marketbeat.com.

Commonwealth Bank of Australia
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Commonwealth Bank of Australia:

  • Strong Financial Performance: Commonwealth Bank of Australia has shown consistent strong financial performance, with steady revenue growth and profitability.
  • Diversified Business Segments: The company operates in various segments, including Retail Banking Services, Business Banking, and Institutional Banking, providing diversification and stability.
  • Robust Product Portfolio: Commonwealth Bank of Australia offers a wide range of financial products and services, catering to different customer needs and preferences.
  • Stable Stock Price: The current stock price of Commonwealth Bank of Australia has remained relatively stable, indicating investor confidence.
  • Leading Market Position: As one of the largest banks in Australia, Commonwealth Bank of Australia holds a leading market position, providing a competitive edge.

Commonwealth Bank of Australia
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Commonwealth Bank of Australia for these reasons:

  • Regulatory Risks: The banking industry is subject to stringent regulations, and any changes in regulations could impact Commonwealth Bank of Australia's operations and profitability.
  • Economic Uncertainty: Economic fluctuations and uncertainties could affect the overall performance of Commonwealth Bank of Australia, leading to potential risks for investors.
  • Market Competition: Intense competition in the banking sector could pressure margins and limit growth opportunities for Commonwealth Bank of Australia.
  • Interest Rate Risks: Fluctuations in interest rates could impact the bank's net interest margin and profitability, posing risks to investors.
  • Global Economic Conditions: Commonwealth Bank of Australia's international operations expose it to global economic conditions, which could impact its financial performance.

CMWAY Forecast - Frequently Asked Questions

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Commonwealth Bank of Australia in the last twelve months. There is currently 1 sell rating for the stock. The consensus among Wall Street equities research analysts is that investors should "sell" CMWAY shares.

According to analysts, Commonwealth Bank of Australia's stock has a predicted downside of -100.00% based on their 12-month stock forecasts.

Analysts like Commonwealth Bank of Australia less than other "financial services" companies. The consensus rating for Commonwealth Bank of Australia is Sell while the average consensus rating for "financial services" companies is Moderate Buy. Learn more on how CMWAY compares to other companies.


This page (OTCMKTS:CMWAY) was last updated on 10/31/2024 by MarketBeat.com Staff
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