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Equities research analysts at National Bank Financial lifted their target price on shares of Canadian Imperial Bank of Commerce (NYSE:CM) from C$102.00 to C$105.00 in a report issued on Friday. The firm currently has a “sector perform” rating on the stock.

A number of other firms have also recently commented on CM. Analysts at BMO Capital Markets raised their price target on shares of Canadian Imperial Bank of Commerce from C$100.00 to C$105.00 in a research note on Friday. They now have an “outperform” rating on the stock. Separately, 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. Finally, 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. One analyst has rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $98.73.

Canadian Imperial Bank of Commerce (NYSE:CM) traded up 0.36% 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 P/E ratio of 13.22.

Canadian Imperial Bank of Commerce (NYSE:CM) last announced its 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. Stockholders 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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