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Analysts Offer Insights on Financial Companies: AMP (OtherAMLTF), Banco De Chile (BCH) and Canadian Bank of Commerce (CM)

Tipranks - Sun Apr 5, 7:14AM CDT

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on AMP (AMLTF), Banco De Chile (BCH) and Canadian Bank of Commerce (CM).

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AMP (AMLTF)

In a report released yesterday, Siddharth Parameswaran from J.P. Morgan maintained a Buy rating on AMP, with a price target of A$1.50. The company’s shares closed last Thursday at $0.86.

According to TipRanks.com, Parameswaran is a 4-star analyst with an average return of 6.7% and a 63.1% success rate. Parameswaran covers the Financial sector, focusing on stocks such as Insurance Australia Group Limited, Insignia Financial Ltd, and ASX. ;'>

Currently, the analyst consensus on AMP is a Strong Buy with an average price target of $1.17, a 30.1% upside from current levels. In a report issued on March 29, Citi also maintained a Buy rating on the stock with a A$1.80 price target.

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Banco De Chile (BCH)

J.P. Morgan analyst Yuri Fernandes maintained a Hold rating on Banco De Chile yesterday and set a price target of $42.00. The company’s shares closed last Thursday at $36.38.

According to TipRanks.com, Fernandes is a 3-star analyst with an average return of 6.5% and a 56.9% success rate. Fernandes covers the Financial sector, focusing on stocks such as Grupo Financiero Inbursa SAB de CV, Grupo Financiero Galicia SA, and Banco Santander Chile. ;'>

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Banco De Chile with a $42.00 average price target, representing a 16.8% upside. In a report issued on March 19, TipRanks – xAI also downgraded the stock to Hold with a $41.00 price target.

Canadian Bank of Commerce (CM)

In a report issued on April 2, Sohrab Movahedi from BMO Capital maintained a Buy rating on Canadian Bank of Commerce, with a price target of C$150.00. The company’s shares closed last Thursday at $96.24.

According to TipRanks.com, Movahedi is a 5-star analyst with an average return of 13.3% and a 61.1% success rate. Movahedi covers the Financial sector, focusing on stocks such as National Bank of Canada, Toronto Dominion Bank, and Royal Bank Of Canada. ;'>

Currently, the analyst consensus on Canadian Bank of Commerce is a Moderate Buy with an average price target of $103.80, implying a 10.1% upside from current levels. In a report issued on March 26, TipRanks – xAI also upgraded the stock to Buy with a C$149.00 price target.

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