NYSE:CM - Canadian Imperial Bank of Commerce Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $102.53
  • Forecasted Upside: 14.83 %
  • Number of Analysts: 12
  • Breakdown:
  • 1 Sell Ratings
  • 4 Hold Ratings
  • 7 Buy Ratings
  • 0 Strong Buy Ratings
$89.29
▼ -0.75 (-0.83%)
1 month | 3 months | 12 months
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Analyst Price Target for CM

i We calculate 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 (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our 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. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$102.53
▲ +14.83% Upside Potential
This price target is based on 12 analysts offering 12 month price targets for Canadian Imperial Bank of Commerce in the last 3 months. The average price target is $102.53, with a high forecast of $124.00 and a low forecast of $65.00. The average price target represents a 14.83% upside from the last price of $89.29.
Buy
The current consensus among 12 investment analysts is to buy stock in Canadian Imperial Bank of Commerce. This rating has held steady since August 2020, when it changed from a Hold consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 0 sell ratings
7/27/2019
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
10/25/2019
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 1 sell ratings
1/23/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 5 hold ratings
  • 1 sell ratings
4/22/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 6 hold ratings
  • 1 sell ratings
7/21/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 1 sell ratings
10/19/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 4 hold ratings
  • 1 sell ratings
12/18/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 4 hold ratings
  • 1 sell ratings
1/17/2021

Latest Recommendations

  • 0 strong buy ratings
  • 7 buy ratings
  • 4 hold ratings
  • 1 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
1/11/2021CIBCBoost Price TargetOutperform$122.00 ➝ $124.00Low
i
12/4/2020BMO Capital MarketsInitiated CoverageMarket PerformLow
i
12/4/2020Canaccord GenuityReiterated RatingBuyLow
i
12/4/2020CIBCUpgradeSector Perform ➝ Outperform$111.00 ➝ $122.00Low
i
12/4/2020Credit Suisse GroupBoost Price TargetUnderperform$105.00 ➝ $108.00Low
i
12/4/2020Royal Bank of CanadaUpgradeSector Perform ➝ OutperformLow
i
11/23/2020Credit Suisse GroupDowngradeNeutral ➝ Underperform$105.00Low
i
11/18/2020CIBCBoost Price TargetSector Perform$107.00 ➝ $111.00Low
i
10/29/2020CIBCUpgradeSell ➝ BuyLow
i
9/2/2020Fundamental ResearchInitiated CoverageBuy$108.25Low
i
8/28/2020Bank of AmericaBoost Price TargetNeutral$103.00 ➝ $110.00Low
i
8/28/2020Credit Suisse GroupBoost Price TargetNeutral$95.00 ➝ $102.00Low
i
8/28/2020Canaccord GenuityReiterated RatingHold ➝ BuyMedium
i
8/19/2020BarclaysUpgradeEqual Weight ➝ OverweightLow
i
6/1/2020Scotia Howard WeillReiterated RatingMarket PerformLow
i
5/29/2020CfraBoost Price TargetHold$55.00 ➝ $65.00Low
i
5/13/2020Bank of AmericaBoost Price TargetNeutral$63.00 ➝ $88.00High
i
5/11/2020BarclaysBoost Price TargetEqual Weight$77.00 ➝ $80.00Low
i
5/6/2020CitigroupUpgradeNeutral ➝ BuyLow
i
3/20/2020TD SecuritiesUpgradeHold ➝ Buy$105.00High
i
2/27/2020Royal Bank of CanadaReiterated RatingHold$120.00High
i
2/27/2020Credit Suisse GroupBoost Price TargetNeutral$108.00 ➝ $110.00High
i
2/4/2020Bank of AmericaUpgradeUnderperform ➝ NeutralLow
i
2/4/2020CIBCUpgradeUnderperform ➝ NeutralLow
i
12/17/2019CitigroupDowngradeBuy ➝ NeutralLow
i
12/6/2019Credit Suisse GroupLower Price TargetNeutral$105.00 ➝ $104.00Low
i
12/6/2019Canaccord GenuityLower Price TargetHold$112.50 ➝ $108.00Low
i
8/23/2019BMO Capital MarketsReiterated RatingHoldMedium
i
Rating by Sohrab Movahedi at BMO Capital Markets
8/23/2019National Bank FinancialReiterated RatingHoldMedium
i
Rating by Gabriel Dechaine at National Bank Financial
8/23/2019Royal Bank of CanadaReiterated RatingHold$128.00 ➝ $124.00Medium
i
8/22/2019BarclaysReiterated RatingHoldMedium
i
Rating by John Aiken at Barclays PLC
8/20/2019ScotiabankReiterated RatingHoldMedium
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Rating by Sumit Malhotra at Scotiabank
6/11/2019BarclaysDowngradeOverweight ➝ Equal WeightLow
i
5/23/2019BMO Capital MarketsReiterated RatingHoldLow
i
Rating by Sohrab Movahedi at BMO Capital Markets
5/23/2019Canaccord GenuityDowngradeBuy ➝ HoldHigh
i
Rating by Scott Chan CFA at Canaccord Genuity
5/23/2019TD SecuritiesDowngradeBuy ➝ HoldHigh
i
Rating by Mario Mendonca at TD Securities
5/22/2019DesjardinsDowngradeBuy ➝ HoldHigh
i
Rating by Douglas Young at Desjardins
3/1/2019BarclaysReiterated RatingBuy ➝ Average$123.00Low
i
Rating by John Aiken at Barclays PLC
2/22/2019ScotiabankReiterated RatingHold ➝ Average$126.00Low
i
2/20/2019Canaccord GenuityReiterated RatingBuy ➝ Average$125.00Low
i
Rating by Scott Chan CFA at Canaccord Genuity
12/11/2018DesjardinsReiterated RatingBuyMedium
i
Rating by Douglas Young at Desjardins
12/10/2018TD SecuritiesReiterated RatingBuy$140.00Low
i
Rating by Mario Mendonca at TD Securities
11/30/2018ScotiabankReiterated RatingHoldLow
i
11/30/2018BMO Capital MarketsReiterated RatingHoldLow
i
Rating by Sohrab Movahedi at BMO Capital Markets
11/29/2018BarclaysReiterated RatingBuyLow
i
Rating by John Aiken at Barclays PLC
11/22/2018Canaccord GenuityReiterated RatingBuyLow
i
11/16/2018BarclaysReiterated RatingBuyLow
i
6/6/2018CitigroupUpgradeNeutral ➝ BuyMedium
i
6/6/2018CIBCUpgradeBuy$125.00 ➝ $130.00Medium
i
5/24/2018Royal Bank of CanadaLower Price TargetSector Perform ➝ Sector Perform$141.00 ➝ $135.00Low
i
5/23/2018National Bank FinancialDowngradeOutperform ➝ Sector PerformLow
i
Rating by G. Dechaine at National Bank Financial
12/19/2017BarclaysUpgradeUnderweight ➝ OverweightLow
i
12/1/2017Credit Suisse GroupUpgradeNeutral ➝ Outperform$116.00 ➝ $125.00High
i
11/30/2017Canaccord GenuityReiterated RatingBuy$121.00Low
i
Rating by Scott Chan CFA at Canaccord Genuity
11/22/2017ScotiabankReiterated RatingHold$128.00N/A
i
10/25/2017CitigroupDowngradeBuy ➝ Neutral$120.00N/A
i
10/24/2017MacquarieInitiated CoverageUnderperform$89.00N/A
i
9/6/2017TD SecuritiesUpgradeHold ➝ Buy$120.00High
i
8/24/2017Canaccord GenuitySet Price TargetBuy$117.00High
i
Rating by Scott Chan CFA at Canaccord Genuity
7/18/2017Canaccord GenuityInitiated CoverageBuy ➝ BuyMedium
i
5/18/2017National Bank FinancialReiterated RatingOutperform OverweightLow
i
Rating by G. Dechaine at National Bank Financial
3/31/2017Credit Suisse GroupUpgradeUnderperform ➝ NeutralLow
i
2/24/2017Keefe, Bruyette & WoodsUpgradeUnderperform ➝ Mkt PerformN/A
i
12/4/2016TD SecuritiesReiterated RatingHold$110.00 ➝ $115.00N/A
i
11/1/2016Bank of AmericaInitiated CoverageUnderperform$72.00N/A
i
10/23/2016ScotiabankReiterated RatingSector Perform$105.00N/A
i
9/21/2016Dundee SecuritiesInitiated CoverageBuyN/A
i
9/9/2016BMO Capital MarketsReiterated RatingHold$103.00N/A
i
8/29/2016TD SecuritiesReiterated RatingHold$100.00 ➝ $105.00N/A
i
8/29/2016ScotiabankReiterated RatingSector Perform$102.00 ➝ $105.00N/A
i
8/29/2016DesjardinsReiterated RatingBuy$109.00 ➝ $110.00N/A
i
8/26/2016Royal Bank of CanadaReiterated RatingSector Perform$104.00 ➝ $112.00N/A
i
8/26/2016BMO Capital MarketsReiterated RatingMarket Perform$97.00 ➝ $103.00N/A
i
8/26/2016Royal Bank of CanadaBoost Price TargetSector Perform$104.00 ➝ $112.00N/A
i
8/25/2016Canaccord GenuityReiterated RatingHold ➝ NeutralN/A
i
Rating by Gabriel Dechaine at Canaccord Genuity
8/21/2016BarclaysReiterated RatingUnderperform$87.00 ➝ $93.00N/A
i
7/1/2016TD SecuritiesReiterated RatingHold$100.00N/A
i
6/30/2016Royal Bank of CanadaLower Price TargetSector Perform$106.00 ➝ $104.00N/A
i
6/29/2016Canaccord GenuityReiterated RatingHold$106.00 ➝ $100.00N/A
i
Rating by Gabriel Dechaine at Canaccord Genuity
5/27/2016Royal Bank of CanadaReiterated RatingSector Perform$107.00 ➝ $106.00N/A
i
5/26/2016Canaccord GenuityReiterated RatingHoldN/A
i
Rating by Gabriel Dechaine at Canaccord Genuity
4/12/2016UBS GroupReiterated RatingHold ➝ HoldN/A
i
3/1/2016ScotiabankReiterated RatingSector Perform$99.00 ➝ $102.00N/A
i
2/23/2016BarclaysReiterated RatingUnderweight$74.00 ➝ $76.00N/A
i
(Data available from 1/17/2016 forward)
Canadian Imperial Bank of Commerce logo
Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through four strategic business units: Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; and Capital Markets. The company offers chequing, savings, and business accounts; mortgages; loans, lines of credit, student lines of credit, and business and agriculture loans; investment and insurance services; and credit cards, as well as overdraft protection services. It also provides day-to-day banking, borrowing and credit, investing and wealth, specialty, and international services; correspondent banking and online foreign exchange services; and cash management services. The company serves its customers through its banking centers, as well as direct, mobile, and remote channels. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.
Read More

Today's Range

Now: $89.29
$88.80
$89.66

50 Day Range

MA: $86.90
$84.20
$90.04

52 Week Range

Now: $89.29
$46.45
$90.42

Volume

204,948 shs

Average Volume

341,204 shs

Market Capitalization

$39.91 billion

P/E Ratio

14.66

Dividend Yield

5.02%

Beta

1.12

Frequently Asked Questions

What sell-side analysts currently cover shares of Canadian Imperial Bank of Commerce?

The following Wall Street research analysts have issued research reports on Canadian Imperial Bank of Commerce in the last year: Bank of America Co., Barclays PLC, BMO Capital Markets, Canaccord Genuity, Cfra, CIBC, Citigroup Inc., Credit Suisse Group AG, Fundamental Research, Royal Bank of Canada, Scotia Howard Weill, TD Securities, and Zacks Investment Research.

What is the current price target for Canadian Imperial Bank of Commerce?

8 Wall Street analysts have set twelve-month price targets for Canadian Imperial Bank of Commerce in the last year. Their average twelve-month price target is $102.53, suggesting a possible upside of 14.8%. CIBC has the highest price target set, predicting CM will reach $124.00 in the next twelve months. Cfra has the lowest price target set, forecasting a price of $65.00 for Canadian Imperial Bank of Commerce in the next year.

What is the current consensus analyst rating for Canadian Imperial Bank of Commerce?

Canadian Imperial Bank of Commerce currently has 1 sell rating, 4 hold ratings and 7 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe CM will outperform the market and that investors should add to their positions of Canadian Imperial Bank of Commerce.

What other companies compete with Canadian Imperial Bank of Commerce?

How do I contact Canadian Imperial Bank of Commerce's investor relations team?

Canadian Imperial Bank of Commerce's physical mailing address is COMMERCE COURT, TORONTO A6, M5L 1A2. The bank's listed phone number is 416-980-2211 and its investor relations email address is alice.dunning@cibc.com. The official website for Canadian Imperial Bank of Commerce is www.cibc.com.