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Canadian Imperial Bank of Comme with ticker code (CM) now has a total of 2 analysts covering the stock. The consensus rating is ‘Hold’. The range between the high price target and the low price target is between 45.12 and 33.81, calculating the average price target we see 39.46. Given that the stock’s previous close was at 40.58, this now indicates a potential downside of -2.8%. The 50 day moving average is 44.37 and the 200 day MA is 49.85. The company’s market cap is $36,654 million. Company website: https://www.cibc.com
The potential market cap would be $35,642 million based on the market consensus.
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Canadian Imperial Bank of Commerce, a diversified financial institution, provides a variety of financial products and services to personal, business, public sector and institutional clients in Canada, the United States and internationally. The company operates through Canadian Personal and Business Banking; Canadian Commercial Banking and Wealth Management; US Commercial Banking and Wealth Management; and capital markets. The company offers checking, savings and business accounts; mortgages; business, car and other loans; lines of credit, student lines of credit and agricultural loans; Investment and insurance services; and credit cards, as well as mobile, online and overdraft protection services. It also provides day-to-day banking, loans and credit, specialist services, investment and private wealth, as well as international banking services; exchange services; and cash management services. Canadian Imperial Bank of Commerce was founded in 1867 and is headquartered in Toronto, Canada.
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