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Analysts Offer Insights on Financial Companies: Canadian Bank of Commerce (CM) and Hiscox (OtherHCXLF)

Tipranks - Sat Feb 28, 2:12AM CST

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Canadian Bank of Commerce (CMResearch Report) and Hiscox (HCXLFResearch Report).

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Canadian Bank of Commerce (CM)

TD Cowen analyst Mario Mendonca maintained a Buy rating on Canadian Bank of Commerce yesterday and set a price target of C$153.00. The company’s shares closed last Thursday at $103.75.

According to TipRanks.com, Mendonca is a 5-star analyst with an average return of 17.2% and a 69.5% success rate. Mendonca covers the Financial sector, focusing on stocks such as National Bank of Canada, Royal Bank Of Canada, and Bank Of Nova Scotia. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Canadian Bank of Commerce with a $100.15 average price target, implying a -3.2% downside from current levels. In a report issued on February 18, Barclays also upgraded the stock to Buy with a C$137.00 price target.

See the top stocks recommended by analysts >>

Hiscox (HCXLF)

Citi analyst James Shuck maintained a Hold rating on Hiscox today and set a price target of £16.11. The company’s shares closed last Tuesday at $20.33.

According to TipRanks.com, Shuck is ranked #795 out of 12136 analysts.

Hiscox has an analyst consensus of Strong Buy, with a price target consensus of $22.59.

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