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Canadian Bank of Commerce (CM)
Canaccord Genuity analyst Matthew Lee maintained a Hold rating on Canadian Bank of Commerce today and set a price target of C$160.00. The company’s shares closed last Friday at $108.84.
According to TipRanks.com, Lee is a 5-star analyst with an average return of 23.3% and a 69.8% success rate. Lee covers the Financial sector, focusing on stocks such as National Bank of Canada, Toronto Dominion Bank, and Royal Bank Of Canada.
Canadian Bank of Commerce has an analyst consensus of Moderate Buy, with a price target consensus of $117.21, a 7.9% upside from current levels. In a report issued on June 1, Scotiabank also downgraded the stock to Hold with a C$155.00 price target.
