PriceTargets.com logo

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

  • Consensus Rating: Hold
  • Consensus Price Target: $70.40
  • Forecasted Upside: 67.14%
  • Number of Analysts: 8
  • Breakdown:
  • 1 Sell Ratings
  • 5 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$42.12 As of 06/5/2023 02:15 PM ET
▼ -0.61 (-1.43%)

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

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Canadian Imperial Bank of Commerce Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for CM and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for CM

Analyst Price Target is $70.40
▲ +67.14% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for Canadian Imperial Bank of Commerce in the last 3 months. The average price target is $70.40, with a high forecast of $83.00 and a low forecast of $61.00. The average price target represents a 67.14% upside from the last price of $42.12.

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

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

Current Consensus is Hold

The current consensus among 8 contributing investment analysts is to hold stock in Canadian Imperial Bank of Commerce. This Hold 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
  • 4 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
12/12/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 7 hold ratings
  • 0 sell ratings
Ratings as of
3/12/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 7 hold ratings
  • 1 sell ratings
Ratings as of
6/10/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 7 hold ratings
  • 1 sell ratings
Ratings as of
9/8/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 7 hold ratings
  • 1 sell ratings
Ratings as of
12/7/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 6 hold ratings
  • 1 sell ratings
Ratings as of
3/7/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
5/6/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 1 sell ratings
Ratings as of
6/5/2023

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 1 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/10/2023Canaccord Genuity GroupUpgradeHold ➝ BuyLow
5/9/2023CIBCUpgradeHold ➝ BuyLow
2/27/2023Royal Bank of CanadaBoost TargetSector Perform$69.00 ➝ $70.00Low
12/20/2022CIBCUpgradeSector Perform ➝ OutperformC$67.00 ➝ C$61.00Low
12/12/2022CIBCDowngradeNeutral ➝ Underperform$49.00 ➝ $45.00Low
12/12/2022Bank of AmericaDowngradeNeutral ➝ UnderperformLow
12/9/2022Credit Suisse GroupDowngradeOutperform ➝ NeutralLow
12/2/2022CIBCDowngradeBuy ➝ HoldLow
12/1/2022National Bank FinancialDowngradeOutperform ➝ Sector PerformLow
11/15/2022TD SecuritiesDowngradeBuy ➝ HoldC$74.00 ➝ C$65.00Low
8/29/2022DesjardinsLower TargetHold ➝ HoldC$74.00 ➝ C$73.00Low
8/26/2022CIBCBoost TargetOutperform ➝ OutperformC$77.00 ➝ C$79.00Low
8/18/2022CIBCLower TargetC$83.00 ➝ C$77.00Low
8/16/2022National Bank FinancialLower TargetC$84.00 ➝ C$83.00Low
5/27/2022BMO Capital MarketsLower TargetC$85.00 ➝ C$83.00Medium
5/27/2022National BanksharesBoost TargetC$83.50 ➝ C$84.00Medium
5/27/2022TD SecuritiesLower 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 TargetHold ➝ HoldC$87.00 ➝ C$86.00Low
3/1/2022Stifel EuropeBoost TargetHold ➝ HoldC$86.00 ➝ C$87.00Medium
2/28/2022CIBCBoost TargetC$86.50 ➝ C$89.00High
2/18/2022ScotiabankBoost 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 TargetOutperform ➝ OutperformC$84.00 ➝ C$82.50Low
12/3/2021Royal Bank of CanadaBoost TargetOutperform ➝ Outperform$79.00 ➝ $84.50Medium
8/30/2021DesjardinsBoost TargetHold ➝ HoldC$75.00 ➝ C$77.00Medium
8/27/2021CIBCBoost TargetOutperformC$79.50 ➝ C$84.00Low
8/27/2021BMO Capital MarketsBoost TargetOutperformC$80.00 ➝ C$82.50High
8/27/2021ScotiabankBoost TargetOutperformC$83.00 ➝ C$84.00High
8/27/2021TD SecuritiesBoost TargetBuyC$77.50 ➝ C$80.00High
8/27/2021Credit Suisse GroupBoost TargetNeutral$74.50 ➝ $78.00Medium
8/17/2021ScotiabankBoost TargetC$78.50 ➝ C$83.00Low
8/13/2021BarclaysBoost TargetOverweight$75.00 ➝ $78.50Low
6/15/2021CIBCBoost TargetOutperformC$78.00 ➝ C$79.50Low
5/28/2021Credit Suisse GroupBoost TargetNeutral$65.50 ➝ $71.00Low
5/28/2021CIBCBoost 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 TargetOutperform$63.00 ➝ $65.00Low
2/26/2021TD SecuritiesReiterated RatingBuyLow
2/26/2021BMO Capital MarketsUpgradeMarket Perform ➝ OutperformMedium
2/19/2021CIBCBoost TargetSector Perform$62.00 ➝ $63.00Low
2/16/2021BarclaysBoost TargetOverweight$62.00 ➝ $64.00Low
1/11/2021CIBCBoost 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 TargetUnderperform$52.50 ➝ $54.00Low
12/4/2020Royal Bank of CanadaUpgradeSector Perform ➝ OutperformLow
11/23/2020Credit Suisse GroupDowngradeNeutral ➝ Underperform$52.50Low
11/18/2020CIBCBoost TargetSector Perform$53.50 ➝ $55.50Low
10/29/2020CIBCUpgradeSell ➝ BuyLow
9/2/2020Fundamental ResearchInitiated CoverageBuy$54.13Low
8/28/2020Bank of AmericaBoost TargetNeutral$51.50 ➝ $55.00Low
8/28/2020Credit Suisse GroupBoost TargetNeutral$47.50 ➝ $51.00Low
8/19/2020BarclaysUpgradeEqual Weight ➝ OverweightLow
6/1/2020Scotia Howard WeillReiterated RatingMarket PerformLow
5/29/2020CfraBoost TargetHold$27.50 ➝ $32.50Low
5/13/2020Bank of AmericaBoost TargetNeutral$31.50 ➝ $44.00High
5/11/2020BarclaysBoost 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 TargetNeutral$54.00 ➝ $55.00High
2/4/2020Bank of AmericaUpgradeUnderperform ➝ NeutralLow
2/4/2020CIBCUpgradeUnderperform ➝ NeutralLow
12/17/2019CitigroupDowngradeBuy ➝ NeutralLow
12/6/2019Credit Suisse GroupLower 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
(Data available from 6/5/2018 forward)

News Sentiment Rating

0.54 (Buy)

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
  • 5 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
11/7/2022
  • 12 very positive mentions
  • 11 positive mentions
  • 5 negative mentions
  • 3 very negative mentions
Mentions as of
12/7/2022
  • 6 very positive mentions
  • 5 positive mentions
  • 3 negative mentions
  • 2 very negative mentions
Mentions as of
1/6/2023
  • 10 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/5/2023
  • 20 very positive mentions
  • 11 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
Mentions as of
3/7/2023
  • 10 very positive mentions
  • 5 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
4/6/2023
  • 10 very positive mentions
  • 15 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/6/2023
  • 19 very positive mentions
  • 33 positive mentions
  • 6 negative mentions
  • 1 very negative mentions
Mentions as of
6/5/2023

Current Sentiment

  • 19 very positive mentions
  • 33 positive mentions
  • 6 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Canadian Imperial Bank of Commerce logo
Canadian Imperial Bank of Commerce is a financial institution, which engages in the provision of banking and wealth management services. It operates through the following segments: Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, Capital Markets, and Corporate and Other. The Canadian Personal and Business Banking segment provides personal and business clients with financial advice, services, and solutions. The Canadian Commercial Banking and Wealth Management segment offers banking and wealth management services to middle-market companies, entrepreneurs, high-net-worth individuals, and families, as well as asset management services to institutional investors. The U.S. Commercial Banking and Wealth Management segment includes commercial banking and private wealth services across the U.S., and personal and small business banking services in four U.S. Midwestern markets. The Capital Markets segment consists of integrated global markets products and services, investment banking advisory and execution, corporate banking, and research to corporate, government and, institutional clients. The Corporate
Read More

Today's Range

Now: $42.12
Low: $42.07
High: $42.79

50 Day Range

MA: $41.98
Low: $39.89
High: $43.48

52 Week Range

Now: $42.12
Low: $39.40
High: $56.68

Volume

393,989 shs

Average Volume

1,120,254 shs

Market Capitalization

$38.65 billion

P/E Ratio

10.64

Dividend Yield

5.83%

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., Canaccord Genuity Group Inc., CIBC, Credit Suisse Group AG, Desjardins, National Bank Financial, Royal Bank of Canada, StockNews.com, and TD Securities.
View the latest analyst ratings for CM.

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

5 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 $70.40, suggesting a possible upside of 64.8%. National Bank Financial has the highest price target set, predicting CM will reach $83.00 in the next twelve months. CIBC has the lowest price target set, forecasting a price of $61.00 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 1 sell rating, 5 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in CM, but not buy more shares or sell existing shares.
View the latest ratings for CM.

What other companies compete with Canadian Imperial Bank of Commerce?

Other companies that are similar to Canadian Imperial Bank of Commerce include Lloyds Banking Group, Banco Bilbao Vizcaya Argentaria, NatWest Group, ING Groep and Barclays. Learn More about companies similar to 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) 980-2211 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.