Canadian Imperial Bank Of Commerce [CM] stock is trading at $67.91, down -0.73%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CM shares have gain 1.71% over the last week, with a monthly amount glided 9.69%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Jefferies downgraded its rating to Hold on April 21, 2025. On January 08, 2025, upgrade upgraded it’s rating to Outperform. BofA Securities upgraded its rating to a Buy. UBS initiated its recommendation with a Neutral. Keefe Bruyette upgraded its rating to Outperform for this stock on June 03, 2024. In a note dated March 20, 2024, Barclays initiated an Underweight rating.
Canadian Imperial Bank Of Commerce [CM] stock has fluctuated between $46.99 and $68.85 over the past year. Currently, Wall Street analysts expect the stock to reach $106.62 within the next 12 months. Canadian Imperial Bank Of Commerce [NYSE: CM] shares were valued at $67.91 at the most recent close of the market. An investor can expect a potential return of 57.0% based on the average CM price forecast.
Analyzing the CM fundamentals
Canadian Imperial Bank Of Commerce [NYSE:CM] reported sales of 46.52B for the trailing twelve months, which represents a drop of -1.91%. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.42%, Pretax Profit Margin comes in at 0.37%, and Net Profit Margin reading is 0.28%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.13 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.55.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 67.66 points at the first support level, and at 67.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 68.40, and for the 2nd resistance point, it is at 68.89.
Ratios To Look Out For
For context, Canadian Imperial Bank Of Commerce’s Current Ratio is 0.29. Considering the valuation of this stock, the price to sales ratio is 1.37, the price to book ratio is 1.65 and price to earnings (TTM) ratio is 12.17.
