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Analysts at BMO Capital Markets boosted their price objective on shares of Canadian Imperial Bank of Commerce (NYSE:CM) from C$100.00 to C$105.00 in a research report issued to clients and investors on Friday. The firm currently has an “outperform” rating on the stock.

Other equities research analysts have also recently issued reports about the stock. Analysts at CSFB raised their price target on shares of Canadian Imperial Bank of Commerce from C$110.00 to C$115.00 in a research note on Friday. They now have a “neutral” rating on the stock. Separately, 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. Finally, 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. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the company’s stock. Canadian Imperial Bank of Commerce currently has a consensus rating of “Hold” and an average price target of $98.73.

Canadian Imperial Bank of Commerce (NYSE:CM) traded up 0.36% during mid-day trading on Friday, hitting $95.48. The stock had a trading volume of 88,215 shares. Canadian Imperial Bank of Commerce has a 52-week low of $76.55 and a 52-week high of $97.23. The stock has a 50-day moving average of $92.92 and a 200-day moving average of $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 released its earnings data on Thursday, August 28th. The company reported $2.04 EPS for the quarter, meeting the Thomson Reuters 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. Investors 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.

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

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