Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) will be issuing its quarterly earnings data before the market opens on Thursday, December 1st. Analysts expect the company to announce earnings of $1.84 per share for the quarter.

Shares of Canadian Imperial Bank of Commerce (TSE:CM) opened at 106.01 on Wednesday. The firm has a market cap of $41.86 billion and a PE ratio of 10.30. Canadian Imperial Bank of Commerce has a 12 month low of $82.19 and a 12 month high of $106.10. The company’s 50 day moving average is $101.56 and its 200-day moving average is $101.07.

A number of research analysts have recently issued reports on CM shares. Barclays PLC lifted their price target on Canadian Imperial Bank of Commerce from C$87.00 to C$93.00 and gave the company an “underperform” rating in a report on Wednesday, August 17th. Keefe, Bruyette & Woods lifted their price target on Canadian Imperial Bank of Commerce from C$92.00 to C$97.00 in a report on Thursday, August 18th. Royal Bank Of Canada lifted their price target on Canadian Imperial Bank of Commerce from C$104.00 to C$112.00 and gave the company a “sector perform” rating in a report on Friday, August 26th. National Bank Financial lifted their price target on Canadian Imperial Bank of Commerce from C$95.00 to C$98.00 and gave the company an “underperform” rating in a report on Friday, August 26th. Finally, BMO Capital Markets reiterated a “market perform” rating and issued a C$103.00 price target on shares of Canadian Imperial Bank of Commerce in a report on Friday, August 26th. Four equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of C$106.00.

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Canadian Imperial Bank of Commerce Company Profile

Canadian Imperial Bank of Commerce (CIBC) is a global financial institution. The Company provides a range of financial products and services to approximately 11 million individual, small business, commercial, corporate and institutional clients in Canada and around the world. The Company operates through three segments: Retail and Business Banking, Wealth Management and Capital Markets.

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