Comerica (CMA) to Release Earnings on Wednesday
Comerica (NYSE:CMA) will be issuing its Q313 quarterly earnings data on Wednesday, October 16th. Analysts expect the company to announce earnings of $0.71 per share and revenue of $618.37 million for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.
Shares of Comerica (NYSE:CMA) opened at 40.79 on Tuesday. Comerica has a one year low of $27.72 and a one year high of $43.49. The stock’s 50-day moving average is $40.25 and its 200-day moving average is $39.44. The company has a market cap of $7.545 billion and a P/E ratio of 14.84.
CMA has been the subject of a number of recent research reports. Analysts at ISI Group initiated coverage on shares of Comerica in a research note to investors on Tuesday, October 8th. They set a “buy” rating on the stock. On the ratings front, analysts at Goldman Sachs Group Inc. upgraded shares of Comerica from a “sell” rating to a “neutral” rating in a research note to investors on Tuesday, September 17th. They now have a $42.00 price target on the stock, up previously from $38.00. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Comerica in a research note to investors on Friday, September 13th. They now have a $42.00 price target on the stock. Nine research analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $37.91.
Comerica Incorporated (NYSE:CMA) is a financial services company.
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