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Canadian Imperial Bank of Commerce (CM) Stock Forecast & Price Target

Canadian Imperial Bank of Commerce logo
C$92.54 -1.58 (-1.68%)
(As of 05:28 PM ET)

Canadian Imperial Bank of Commerce - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
3
Buy
8

Based on 12 Wall Street analysts who have issued ratings for Canadian Imperial Bank of Commerce in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 12 analysts, 1 has given a sell rating, 3 have given a hold rating, and 8 have given a buy rating for CM.

Consensus Price Target

C$92.67
0.14% Upside
According to the 12 analysts' twelve-month price targets for Canadian Imperial Bank of Commerce, the average price target is C$92.67. The highest price target for CM is C$114.00, while the lowest price target for CM is C$74.00. The average price target represents a forecasted upside of 0.14% from the current price of C$92.54.
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CM Analyst Ratings Over Time

TypeCurrent Forecast
12/19/23 to 12/18/24
1 Month Ago
11/19/23 to 11/18/24
3 Months Ago
9/20/23 to 9/19/24
1 Year Ago
12/19/22 to 12/19/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
8 Buy rating(s)
8 Buy rating(s)
8 Buy rating(s)
2 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
11 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$92.67C$81.08C$79.15C$61.79
Forecasted Upside0.14% Upside-9.41% Downside-5.35% Downside-0.53% Downside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold

CM Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CM Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Canadian Imperial Bank of Commerce Stock vs. The Competition

TypeCanadian Imperial Bank of CommerceFinancial Services Companies
Consensus Rating Score
2.58
2.64
Consensus RatingModerate BuyModerate Buy
News Sentiment Rating
Positive News

See Recent CM News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/16/2024UBS Group
4 of 5 stars
J. Shea
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Boost TargetC$94.00 ➝ C$102.00+8.36%
12/6/2024Canaccord Genuity Group
5 of 5 stars
 Boost TargetC$92.00 ➝ C$99.00+5.75%
12/6/2024Cormark
3 of 5 stars
L. Persaud
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Boost TargetC$99.00 ➝ C$104.00+11.09%
12/6/2024Scotiabank
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 Boost TargetC$108.00 ➝ C$114.00+21.77%
11/20/2024National Bankshares
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 Boost TargetC$86.00 ➝ C$94.00+3.89%
11/18/2024BMO Capital Markets
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 Boost TargetC$81.00 ➝ C$99.00+10.33%
11/15/2024TD Securities
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 Boost TargetC$91.00 ➝ C$98.00+10.25%
8/30/2024Royal Bank of Canada
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 Boost TargetSector PerformC$69.00 ➝ C$74.00-6.02%
8/30/2024Bank of America
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 UpgradeNeutral ➝ BuyC$74.00 ➝ C$90.00+14.30%
8/30/2024Desjardins
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D. Young
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Boost TargetBuyC$77.00 ➝ C$83.00+5.41%
8/30/2024Barclays
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 Boost TargetUnderweightC$71.00 ➝ C$77.00-2.21%
8/12/2024Jefferies Financial Group
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 Lower TargetBuyC$79.00 ➝ C$78.00+12.10%
6/3/2024Keefe, Bruyette & Woods
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M. Rizvanovic
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UpgradeHold ➝ Moderate Buy
9/1/2023CSFB
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 Lower TargetNeutralC$57.00 ➝ C$56.00+3.44%
7/24/2023CIBC
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 Boost TargetC$62.00 ➝ C$64.00+10.21%
6/6/2023Fundamental Research
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 Set TargetBuyC$69.38+21.34%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 10:46 PM ET.


Should I Buy Canadian Imperial Bank of Commerce Stock? CM Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, December 12, 2024. Please send any questions or comments about these Canadian Imperial Bank of Commerce pros and cons to contact@marketbeat.com.

Canadian Imperial Bank of Commerce
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Canadian Imperial Bank of Commerce:

  • The current stock price is approximately C$85.26, which is near its fifty-day simple moving average, indicating stability in recent trading performance.
  • Canadian Imperial Bank of Commerce has a strong market capitalization of C$86.10 billion, reflecting its significant presence and stability in the financial sector.
  • The company offers a quarterly dividend of $0.90 per share, resulting in an annualized dividend of $3.60 and a yield of 3.95%, providing a steady income stream for investors.
  • With a P/E ratio of 13.13, the stock is considered reasonably valued compared to its earnings, suggesting potential for growth without being overvalued.
  • The firm has a low dividend payout ratio of 52.10%, indicating that it retains a significant portion of its earnings for reinvestment, which could lead to future growth.

Canadian Imperial Bank of Commerce
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Canadian Imperial Bank of Commerce for these reasons:

  • The stock has experienced insider selling, with significant shares sold recently, which may indicate a lack of confidence from those within the company.
  • The price-to-earnings-growth (PEG) ratio of 3.03 suggests that the stock may be overvalued relative to its growth rate, which could deter growth-focused investors.
  • With a beta of 1.12, the stock is slightly more volatile than the market, which could pose risks for conservative investors looking for stability.
  • The trading volume has been lower than its average, indicating reduced investor interest, which could affect liquidity and price stability.
  • The stock's 52-week high of C$91.39 shows that it has already reached significant peaks, which may limit upside potential for new investors.

CM Forecast - Frequently Asked Questions

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Canadian Imperial Bank of Commerce is C$92.67, with a high forecast of C$114.00 and a low forecast of C$74.00.

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canadian Imperial Bank of Commerce in the last year. There is currently 1 sell rating, 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CM shares.

According to analysts, Canadian Imperial Bank of Commerce's stock has a predicted upside of 0.14% based on their 12-month stock forecasts.

Canadian Imperial Bank of Commerce has been rated by research analysts at BMO Capital Markets, Canaccord Genuity Group, Cormark, National Bankshares, Scotiabank, TD Securities, and UBS Group in the past 90 days.

Analysts like Canadian Imperial Bank of Commerce less than other "financial services" companies. The consensus rating score for Canadian Imperial Bank of Commerce is 2.58 while the average consensus rating score for "financial services" companies is 2.64. Learn more on how CM compares to other companies.


This page (TSE:CM) was last updated on 12/18/2024 by MarketBeat.com Staff
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