NYSE:CM

Canadian Imperial Bank of Commerce - CM Price Target & Analyst Ratings

$41.20

+0.49 (+1.20%)

(As of 03/27/2023 12:00 AM ET)

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Today's Range: $40.91
▼
$41.51
50-Day Range: $41.12
▼
$46.82
52-Week Range: $39.40
▼
$63.21

Volume: 2.14 million shs
Average Volume: 1.23 million shs
Market Capitalization: $37.57 billion

P/E Ratio: 10.46
Dividend Yield: 6.14%
Price Target: $76.11

Institutional Ownership

Canadian Imperial Bank of Commerce Consensus Rating and Price Target (2023)

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 Analyst Rating

Hold
Based on 8 Analyst Ratings

Consensus Analyst Price Target

$65.00
57.77% Upside

High Prediction	$80.00
Average Prediction	$65.00
Low Prediction	$45.00

Type	Current 3/28/22 to 3/28/23	1 Month Ago 2/26/22 to 2/26/23	3 Months Ago 12/28/21 to 12/28/22	1 Year Ago 3/28/21 to 3/28/22
Consensus Rating	Hold	Hold	Hold	Moderate Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)	5 Buy rating(s)
Hold	6 Hold rating(s)	6 Hold rating(s)	7 Hold rating(s)	5 Hold rating(s)
Sell	1 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$65.00	$62.50	$73.88	$83.25
Predicted Upside	57.77% Upside	23.99% Upside	34.78% Upside	39.85% Upside

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CM Analyst Ratings 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.

CM 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.

Canadian Imperial Bank of Commerce Stock vs. The Competition

Type	Canadian Imperial Bank of Commerce	Finance Companies	S&P 500
Consensus Rating Score	2.00	2.43	2.47
Consensus Rating	Hold	Hold	Hold
Predicted Upside	57.77% Upside	86.55% Upside	22.48% Upside
News Sentiment Rating	Neutral News	Positive News	Positive News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
2/27/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Sector Perform	$69.00 ➝ $70.00	+51.45%
12/20/2022	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sector Perform ➝ Outperform	C$67.00 ➝ C$61.00
12/12/2022	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Neutral ➝ Underperform
12/9/2022	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Outperform ➝ Neutral
12/1/2022	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	G. Dechaine Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Sector Perform
11/15/2022	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating	Mario Mendonca Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Buy ➝ Hold	C$74.00 ➝ C$65.00

8/29/2022	Desjardins Subscribe to MarketBeat All Access for the recommendation accuracy rating	Doug Young Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Hold ➝ Hold	C$74.00 ➝ C$73.00
5/27/2022	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$85.00 ➝ C$83.00
5/27/2022	National Bankshares Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$83.50 ➝ C$84.00
4/8/2022	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Mike Rizvanovic Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Hold ➝ Hold	C$87.00 ➝ C$86.00
3/1/2022	Stifel Europe Subscribe to MarketBeat All Access for the recommendation accuracy rating	Mike Rizvanovic Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Hold ➝ Hold	C$86.00 ➝ C$87.00
2/18/2022	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	Meny Grauman Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		C$83.00 ➝ C$91.00
1/19/2022	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	John Aiken Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Overweight ➝ Equal Weight	$81.00 ➝ $84.50	+28.06%
3/9/2021	Cormark Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy
9/2/2020	Fundamental Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$54.13	+35.65%
6/1/2020	Scotia Howard Weill Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Market Perform
5/29/2020	Cfra Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Hold	$27.50 ➝ $32.50	+1.09%
5/6/2020	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy

(Data available from 3/28/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

CM Price Target - Frequently Asked Questions

What is Canadian Imperial Bank of Commerce's consensus rating and price target?: According to the issued ratings of 8 analysts in the last year, the consensus rating for Canadian Imperial Bank of Commerce stock is Hold based on the current 1 sell rating, 6 hold ratings and 1 buy rating for CM. The average twelve-month price prediction for Canadian Imperial Bank of Commerce is $65.00 with a high price target of $80.00 and a low price target of $45.00. Learn more on CM's analyst rating history.
Do Wall Street analysts like Canadian Imperial Bank of Commerce more than its competitors?: Analysts like Canadian Imperial Bank of Commerce less than other Finance companies. The consensus rating score for Canadian Imperial Bank of Commerce is 2.00 while the average consensus rating score for finance companies is 2.43. Learn more on how CM compares to other companies.
Does Canadian Imperial Bank of Commerce's stock price have much upside?: According to analysts, Canadian Imperial Bank of Commerce's stock has a predicted upside of 36.09% based on their 12-month price targets.

What analysts cover Canadian Imperial Bank of Commerce?: Canadian Imperial Bank of Commerce has been rated by Royal Bank of Canada in the past 90 days.

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This page (NYSE:CM) was last updated on 3/28/2023 by MarketBeat.com Staff

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