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Analysts Offer Insights on Financial Companies: and Canadian Bank of Commerce (CM)

Analysts fell to the sidelines weighing in on and Canadian Bank of Commerce (CMResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks. Canadian Bank of Commerce (CM) In a report issued on September 1, Siddharth Rajeev from Fundamental Research downgraded Canadian Bank of Commerce to Hold, with a price target of C$148.51. The company's shares closed last Monday at $116.88, close to its 52-week high of $121.11.

According to TipRanks.com, Rajeev is a 3-star analyst with an average return of 3.2% and a 38.4% success rate. Rajeev covers the Basic Materials sector, focusing on stocks such as Quaterra Resources, Newmont Mining, and Monarch Mining.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Canadian Bank of Commerce with a $128.28 average price target, implying an 8.7% upside from current levels. In a report issued on August 27, Credit Suisse also maintained a Hold rating on the stock with a C$156.00 price target.

See today’s analyst top recommended stocks >> TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities. Read More on CM:

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