National Bank Sticks to Their Hold Rating for Canadian Bank of Commerce (CM)
National Bank analyst Gabriel Dechaine maintained a Hold rating on Canadian Bank of Commerce today and set a price target of C$131.00.
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According to TipRanks, Dechaine is a 5-star analyst with an average return of 10.3% and a 68.33% success rate. Dechaine covers the Financial sector, focusing on stocks such as Toronto Dominion Bank, Canadian Bank of Commerce, and Royal Bank Of Canada.
In addition to National Bank, Canadian Bank of Commerce also received a Hold from Raymond James’s Stephen Boland in a report issued today. However, on February 10, RBC Capital maintained a Buy rating on Canadian Bank of Commerce (NYSE: CM).
The company has a one-year high of C$133.80 and a one-year low of C$76.17. Currently, Canadian Bank of Commerce has an average volume of 2.81M.
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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