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Several investment firms have updated their stock ratings and price targets on shares of Canadian Imperial Bank of Commerce (NYSE: CM) in the last week:

  • Canadian Imperial Bank of Commerce had its price target raised by analysts at Canaccord Genuity from C$105.00 to C$108.00. They now have a “buy” rating on the stock.
  • Canadian Imperial Bank of Commerce had its price target raised by analysts at BMO Capital Markets from C$100.00 to C$105.00. They now have an “outperform” rating on the stock.
  • Canadian Imperial Bank of Commerce had its price target lowered by analysts at Scotiabank from C$114.00 to C$113.00. They now have an “outperform” rating on the stock.
  • Canadian Imperial Bank of Commerce had its price target raised by analysts at CSFB from C$110.00 to C$115.00. They now have a “neutral” rating on the stock.
  • Canadian Imperial Bank of Commerce had its price target raised by analysts at National Bank Financial from C$102.00 to C$105.00. They now have a “sector perform” rating on the stock.

Canadian Imperial Bank of Commerce (NYSE:CM) opened at 96.90 on Thursday. 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 $93. and a 200-day moving average of $89.17. The company has a market cap of $38.462 billion and a P/E ratio of 13.02.

Canadian Imperial Bank of Commerce (NYSE:CM) last issued its quarterly earnings data on Thursday, August 28th. The company reported $2.04 earnings per share for the quarter, meeting the analysts’ consensus estimate of $2.04. On average, analysts predict that Canadian Imperial Bank of Commerce will post $8.70 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 3.77%. The ex-dividend date is Thursday, September 25th.

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

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