NYSE:CM - Canadian Imperial Bank of Commerce Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $84.00
  • Forecasted Upside: 60.77 %
  • Number of Analysts: 11
  • Breakdown:
  • 0 Sell Ratings
  • 5 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
$52.25
▲ +0.68 (1.32%)

This chart shows the closing price for CM by one month, three months, or twelve months.

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Analyst Price Target for CM

Analyst Price Target is $84.00
▲ +60.77% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for Canadian Imperial Bank of Commerce in the last 3 months. The average price target is $84.00, with a high forecast of $91.00 and a low forecast of $77.00. The average price target represents a 60.77% upside from the last price of $52.25.

This chart shows the closing price for CM for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 11 investment analysts is to buy stock in Canadian Imperial Bank of Commerce. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 7 buy ratings
  • 4 hold ratings
  • 0 sell ratings
2/17/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 0 sell ratings
5/18/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 2 hold ratings
  • 0 sell ratings
8/16/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
11/14/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 2 hold ratings
  • 0 sell ratings
2/12/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 0 sell ratings
5/13/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 5 hold ratings
  • 0 sell ratings
7/12/2022
  • 0 strong buy ratings
  • 6 buy ratings
  • 5 hold ratings
  • 0 sell ratings
8/11/2022

Latest Recommendations

  • 0 strong buy ratings
  • 6 buy ratings
  • 5 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/27/2022BMO Capital MarketsLower Price TargetC$85.00 ➝ C$83.00Medium
5/27/2022National BanksharesBoost Price TargetC$83.50 ➝ C$84.00Medium
5/27/2022TD SecuritiesLower Price TargetBuy ➝ BuyC$82.00 ➝ C$78.00Low
5/20/2022Credit Suisse GroupInitiated CoverageOutperform ➝ Outperform$81.00 ➝ $80.00Low
5/17/2022Bank of AmericaDowngradeBuy ➝ NeutralLow
4/8/2022Stifel NicolausLower Price TargetHold ➝ HoldC$87.00 ➝ C$86.00Low
3/1/2022Stifel EuropeBoost Price TargetHold ➝ HoldC$86.00 ➝ C$87.00Medium
2/28/2022CIBCBoost Price TargetC$86.50 ➝ C$89.00High
2/18/2022ScotiabankBoost Price TargetC$83.00 ➝ C$91.00Low
2/18/2022Stifel EuropeInitiated CoverageHoldLow
2/18/2022Stifel NicolausInitiated CoverageHold$86.00Low
1/19/2022BarclaysDowngradeOverweight ➝ Equal Weight$81.00 ➝ $84.50Medium
12/3/2021CIBCLower Price TargetOutperform ➝ OutperformC$84.00 ➝ C$82.50Low
12/3/2021Royal Bank of CanadaBoost Price TargetOutperform ➝ Outperform$79.00 ➝ $84.50Medium
8/30/2021DesjardinsBoost Price TargetHold ➝ HoldC$75.00 ➝ C$77.00Medium
8/27/2021CIBCBoost Price TargetOutperformC$79.50 ➝ C$84.00Low
8/27/2021BMO Capital MarketsBoost Price TargetOutperformC$80.00 ➝ C$82.50High
8/27/2021ScotiabankBoost Price TargetOutperformC$83.00 ➝ C$84.00High
8/27/2021TD SecuritiesBoost Price TargetBuyC$77.50 ➝ C$80.00High
8/27/2021Credit Suisse GroupBoost Price TargetNeutral$74.50 ➝ $78.00Medium
8/17/2021ScotiabankBoost Price TargetC$78.50 ➝ C$83.00Low
8/13/2021BarclaysBoost Price TargetOverweight$75.00 ➝ $78.50Low
6/15/2021CIBCBoost Price TargetOutperformC$78.00 ➝ C$79.50Low
5/28/2021Credit Suisse GroupBoost Price TargetNeutral$65.50 ➝ $71.00Low
5/28/2021CIBCBoost Price TargetOutperformC$70.00 ➝ C$78.00Low
3/9/2021CormarkReiterated RatingBuyLow
3/3/2021Credit Suisse GroupUpgradeUnderperform ➝ Neutral$59.00 ➝ $61.50Low
3/1/2021ScotiabankReiterated RatingOutperformLow
2/26/2021CIBCBoost Price TargetOutperform$63.00 ➝ $65.00Low
2/26/2021TD SecuritiesReiterated RatingBuyLow
2/26/2021BMO Capital MarketsUpgradeMarket Perform ➝ OutperformMedium
2/19/2021CIBCBoost Price TargetSector Perform$62.00 ➝ $63.00Low
2/16/2021BarclaysBoost Price TargetOverweight$62.00 ➝ $64.00Low
1/11/2021CIBCBoost Price TargetOutperform$61.00 ➝ $62.00Low
12/4/2020BMO Capital MarketsInitiated CoverageMarket PerformLow
12/4/2020CIBCUpgradeSector Perform ➝ Outperform$55.50 ➝ $61.00Low
12/4/2020Credit Suisse GroupBoost Price TargetUnderperform$52.50 ➝ $54.00Low
12/4/2020Royal Bank of CanadaUpgradeSector Perform ➝ OutperformLow
11/23/2020Credit Suisse GroupDowngradeNeutral ➝ Underperform$52.50Low
11/18/2020CIBCBoost Price TargetSector Perform$53.50 ➝ $55.50Low
10/29/2020CIBCUpgradeSell ➝ BuyLow
9/2/2020Fundamental ResearchInitiated CoverageBuy$54.13Low
8/28/2020Bank of AmericaBoost Price TargetNeutral$51.50 ➝ $55.00Low
8/28/2020Credit Suisse GroupBoost Price TargetNeutral$47.50 ➝ $51.00Low
8/19/2020BarclaysUpgradeEqual Weight ➝ OverweightLow
6/1/2020Scotia Howard WeillReiterated RatingMarket PerformLow
5/29/2020CfraBoost Price TargetHold$27.50 ➝ $32.50Low
5/13/2020Bank of AmericaBoost Price TargetNeutral$31.50 ➝ $44.00High
5/11/2020BarclaysBoost Price TargetEqual Weight$38.50 ➝ $40.00Low
5/6/2020CitigroupUpgradeNeutral ➝ BuyLow
3/20/2020TD SecuritiesUpgradeHold ➝ Buy$52.50High
2/27/2020Royal Bank of CanadaReiterated RatingHold$60.00High
2/27/2020Credit Suisse GroupBoost Price TargetNeutral$54.00 ➝ $55.00High
2/4/2020Bank of AmericaUpgradeUnderperform ➝ NeutralLow
2/4/2020CIBCUpgradeUnderperform ➝ NeutralLow
12/17/2019CitigroupDowngradeBuy ➝ NeutralLow
12/6/2019Credit Suisse GroupLower Price TargetNeutral$52.50 ➝ $52.00Low
8/23/2019BMO Capital MarketsReiterated RatingHoldMedium
8/23/2019National Bank FinancialReiterated RatingHoldMedium
8/23/2019Royal Bank of CanadaReiterated RatingHold$64.00 ➝ $62.00Medium
8/22/2019BarclaysReiterated RatingHoldMedium
8/20/2019ScotiabankReiterated RatingHoldMedium
6/11/2019BarclaysDowngradeOverweight ➝ Equal WeightLow
5/23/2019BMO Capital MarketsReiterated RatingHoldLow
5/23/2019TD SecuritiesDowngradeBuy ➝ HoldHigh
5/22/2019DesjardinsDowngradeBuy ➝ HoldHigh
3/1/2019BarclaysReiterated RatingBuy ➝ Average$61.50Low
2/22/2019ScotiabankReiterated RatingHold ➝ Average$63.00Low
12/11/2018DesjardinsReiterated RatingBuyMedium
12/10/2018TD SecuritiesReiterated RatingBuy$70.00Low
11/30/2018ScotiabankReiterated RatingHoldLow
11/30/2018BMO Capital MarketsReiterated RatingHoldLow
11/29/2018BarclaysReiterated RatingBuyLow
11/16/2018BarclaysReiterated RatingBuyLow
6/6/2018CitigroupUpgradeNeutral ➝ BuyMedium
6/6/2018CIBCUpgradeBuy$62.50 ➝ $65.00Medium
5/24/2018Royal Bank of CanadaLower Price TargetSector Perform ➝ Sector Perform$70.50 ➝ $67.50Low
5/23/2018National Bank FinancialDowngradeOutperform ➝ Sector PerformLow
12/19/2017BarclaysUpgradeUnderweight ➝ OverweightLow
12/1/2017Credit Suisse GroupUpgradeNeutral ➝ Outperform$58.00 ➝ $62.50High
11/22/2017ScotiabankReiterated RatingHold$64.00N/A
10/25/2017CitigroupDowngradeBuy ➝ Neutral$60.00N/A
10/24/2017MacquarieInitiated CoverageUnderperform$44.50N/A
9/6/2017TD SecuritiesUpgradeHold ➝ Buy$60.00High
(Data available from 8/11/2017 forward)

News Sentiment Rating

0.33 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 2 very positive mentions
  • 12 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
1/13/2022
  • 4 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
2/12/2022
  • 11 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/14/2022
  • 3 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 5 very negative mentions
4/13/2022
  • 4 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
5/13/2022
  • 14 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
6/12/2022
  • 5 very positive mentions
  • 11 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
7/12/2022
  • 3 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
8/11/2022

Current Sentiment

  • 3 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Canadian Imperial Bank of Commerce logo
Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through four strategic business units: Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; U.S. Commercial Banking and Wealth Management; and Capital Markets. The company offers chequing, savings, and business accounts; mortgages; loans, lines of credit, student lines of credit, and business and agriculture loans; investment and insurance services; and credit cards, as well as overdraft protection services. It also provides day-to-day banking, borrowing and credit, specialty, investing and wealth, and international services; correspondent banking and online foreign exchange services; and cash management services. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.
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Today's Range

Now: $52.25
Low: $51.89
High: $52.41

50 Day Range

MA: $50.07
Low: $45.25
High: $56.41

52 Week Range

Now: $52.25
Low: $45.09
High: $66.24

Volume

32,681 shs

Average Volume

683,146 shs

Market Capitalization

$47.21 billion

P/E Ratio

9.30

Dividend Yield

5.23%

Beta

1.01

Frequently Asked Questions

What sell-side analysts currently cover shares of Canadian Imperial Bank of Commerce?

The following Wall Street research analysts have issued research reports on Canadian Imperial Bank of Commerce in the last year: Bank of America Co., Barclays PLC, BMO Capital Markets, CIBC, Credit Suisse Group AG, Desjardins, National Bankshares, Inc., Royal Bank of Canada, Scotiabank, Stifel Europe, Stifel Nicolaus, StockNews.com, and TD Securities.
View the latest analyst ratings for CM.

What is the current price target for Canadian Imperial Bank of Commerce?

11 Wall Street analysts have set twelve-month price targets for Canadian Imperial Bank of Commerce in the last year. Their average twelve-month price target is $84.00, suggesting a possible upside of 62.9%. Scotiabank has the highest price target set, predicting CM will reach $91.00 in the next twelve months. Desjardins has the lowest price target set, forecasting a price of $77.00 for Canadian Imperial Bank of Commerce in the next year.
View the latest price targets for CM.

What is the current consensus analyst rating for Canadian Imperial Bank of Commerce?

Canadian Imperial Bank of Commerce currently has 5 hold ratings and 6 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe CM will outperform the market and that investors should add to their positions of Canadian Imperial Bank of Commerce.
View the latest ratings for CM.

What other companies compete with Canadian Imperial Bank of Commerce?

How do I contact Canadian Imperial Bank of Commerce's investor relations team?

Canadian Imperial Bank of Commerce's physical mailing address is COMMERCE COURT, TORONTO A6, M5L 1A2. The bank's listed phone number is (416) 861-3313 and its investor relations email address is [email protected] The official website for Canadian Imperial Bank of Commerce is www.cibc.com. Learn More about contacing Canadian Imperial Bank of Commerce investor relations.