RBC Capital Keeps Their Buy Rating on Canadian Bank of Commerce (CM)
In a report released on March 25, Darko Mihelic from RBC Capital maintained a Buy rating on Canadian Bank of Commerce, with a price target of C$147.00. The company’s shares closed yesterday at C$134.53.
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According to TipRanks, Mihelic is a 5-star analyst with an average return of 7.9% and a 61.46% success rate. Mihelic covers the Financial sector, focusing on stocks such as Bank Of Montreal, Bank Of Nova Scotia, and Canadian Bank of Commerce.
In addition to RBC Capital, Canadian Bank of Commerce also received a Buy from TipRanks – xAI’s xAi Banks – Diversified in a report issued yesterday. However, on the same day, TipRanks – DeepSeek reiterated a Hold rating on Canadian Bank of Commerce (NYSE: CM).
CM market cap is currently C$124.7B and has a P/E ratio of 9.41.
Based on the recent corporate insider activity of 50 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CM in relation to earlier this year.
Read More on CM:
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