RBC Capital Sticks to Its Buy Rating for Canadian Bank of Commerce (CM)
RBC Capital analyst Darko Mihelic maintained a Buy rating on Canadian Bank of Commerce on February 10 and set a price target of C$134.00.
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Mihelic covers the Financial sector, focusing on stocks such as Laurentian Bank, Equitable Group, and Bank Of Montreal. According to TipRanks, Mihelic has an average return of 8.5% and a 62.85% success rate on recommended stocks.
In a report released on February 9, Desjardins also maintained a Buy rating on the stock with a C$139.00 price target.
The company has a one-year high of C$133.22 and a one-year low of C$76.17. Currently, Canadian Bank of Commerce has an average volume of 2.84M.
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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