In last trading session, Canadian Imperial Bank Of Commerce (NYSE:CM) saw 7.08 million shares changing hands with its beta currently measuring 1.08. Company’s recent per share price level of $70.19 trading at -$0.06 or -0.09% at ring of the bell on the day assigns it a market valuation of $65.57B. That closing price of CM’s stock is at a discount of -0.95% from its 52-week high price of $70.86 and is indicating a premium of 32.88% from its 52-week low price of $47.11.
For Canadian Imperial Bank Of Commerce (CM), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 9 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Canadian Imperial Bank Of Commerce (NYSE:CM) trade information
Upright in the red during last session for losing -0.09%, in the last five days CM remained trading in the green while hitting it’s week-highest on Tuesday, 06/24/25 when the stock touched $70.19 price level, adding 0.95% to its value on the day. Canadian Imperial Bank Of Commerce’s shares saw a change of 47.89% in year-to-date performance and have moved 2.32% in past 5-day. Canadian Imperial Bank Of Commerce (NYSE:CM) showed a performance of 2.98% in past 30-days.
Wall Street analysts have assigned a consensus price target of 122.55 to the stock, which implies a rise of 42.72% to its current value. Analysts have been projecting 70 as a low price target for the stock while placing it at a high target of 127.3196048. It follows that stock’s current price would jump 0.27% in reaching the projected high whereas dropping to the targeted low would mean a gain of 0.27% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 4.88% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 13.26% while estimates for its earnings growth in next 5 years are of 8.88%.
Canadian Imperial Bank Of Commerce (NYSE:CM)’s Major holders
ROYAL BANK OF CANADA is the top institutional holder at CM for having 75.7 million shares of worth $3.6 billion. And as of 2024-06-30, it was holding 7.7139 of the company’s outstanding shares.
The second largest institutional holder is BANK OF MONTREAL /CAN/, which was holding about 50.63 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.1596 of outstanding shares, having a total worth of $2.57 billion.
