Analysts Offer Insights on Financial Companies: Canadian Bank of Commerce (CM), Marsh & McLennan Companies (MRSH) and First Horizon (FHN)
Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Canadian Bank of Commerce (CM), Marsh & McLennan Companies (MRSH) and First Horizon (FHN).
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Canadian Bank of Commerce (CM)
In a report released today, Matthew Lee from Canaccord Genuity maintained a Hold rating on Canadian Bank of Commerce. The company’s shares closed last Monday at $115.36.
According to TipRanks.com, Lee is a 5-star analyst with an average return of
Currently, the analyst consensus on Canadian Bank of Commerce is a Moderate Buy with an average price target of $110.21.
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Marsh & McLennan Companies (MRSH)
Barclays analyst Alex Scott maintained a Buy rating on Marsh & McLennan Companies today and set a price target of $206.00. The company’s shares closed last Monday at $174.73.
According to TipRanks.com, Scott is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Marsh & McLennan Companies with a $199.56 average price target.
First Horizon (FHN)
In a report released today, Jared Shaw from Barclays maintained a Buy rating on First Horizon, with a price target of $29.00. The company’s shares closed last Monday at $25.85.
According to TipRanks.com, Shaw is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for First Horizon with a $27.56 average price target, a 7.9% upside from current levels. In a report issued on July 1, Raymond James also maintained a Buy rating on the stock with a $28.00 price target.
Read More on CM:
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- The Week That Was, The Week Ahead: Macro and Markets, June 28
- Canadian Imperial Bank of Commerce Prices US$2 Billion in Fixed-to-Floating Senior Notes
- CIBC price target raised to C$157 from C$155 at Scotiabank
- CIBC Updates Board Mandate to Strengthen Governance and Risk Oversight
- CIBC Earnings Call Highlights Profits, Credit Caution
