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Stock analysts at CSFB lifted their target price on shares of Canadian Imperial Bank of Commerce (NYSE:CM) from C$110.00 to C$115.00 in a report issued on Friday. The firm currently has a “neutral” rating on the stock.

Shares of Canadian Imperial Bank of Commerce (NYSE:CM) traded up 0.36% during mid-day trading on Friday, hitting $95.48. 88,215 shares of the company’s stock traded hands. Canadian Imperial Bank of Commerce has a 52 week low of $76.55 and a 52 week high of $97.23. The stock’s 50-day moving average is $92.92 and its 200-day moving average is $88.71. The company has a market cap of $37.941 billion and a price-to-earnings ratio of 13.22.

Canadian Imperial Bank of Commerce (NYSE:CM) last posted its quarterly earnings results on Thursday, August 28th. The company reported $2.04 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.04. On average, analysts predict that Canadian Imperial Bank of Commerce will post $8.69 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Tuesday, October 28th. Shareholders of record on Monday, September 29th will be paid a dividend of $0.9137 per share. This represents a $3.65 annualized dividend and a dividend yield of 3.84%. The ex-dividend date is Thursday, September 25th.

Several other analysts have also recently commented on the stock. Analysts at Scotiabank cut their price target on shares of Canadian Imperial Bank of Commerce from C$114.00 to C$113.00 in a research note on Friday. They now have an “outperform” rating on the stock. Separately, analysts at Barclays reiterated an “underweight” rating on shares of Canadian Imperial Bank of Commerce in a research note on Tuesday, August 19th. They now have a $105.00 price target on the stock, up previously from $100.00. Finally, analysts at Macquarie upgraded shares of Canadian Imperial Bank of Commerce from an “underperform” rating to a “neutral” rating in a research note on Wednesday, August 13th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the stock. Canadian Imperial Bank of Commerce presently has a consensus rating of “Hold” and an average price target of $98.73.

Canadian Imperial Bank of Commerce (NYSE:CM) is a global financial institution.

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