RBC Capital analyst Darko Mihelic maintained a Buy rating on Canadian Imperial Bank Of Commerce on Wednesday, setting a price target of C$158, which is approximately 9.39% above the present share price of $119.17.
Mihelic expects Canadian Imperial Bank Of Commerce to post earnings per share (EPS) of $0.00 for the second quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Strong Buy rating of shares in Canadian Bank of Commerce (NYSE:CM), with an average price target of $127.34.
The analysts price targets range from a high of $132.02 to a low of $122.94.
In its latest earnings report, released on 04/30/2021, the company reported a quarterly revenue of $4.92 billion and a net profit of $0. The company's market cap is $53.52 billion.
According to TipRanks.com, RBC Capital analyst Darko Mihelic is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 10.4% and a 70.27% success rate.
Canadian Imperial Bank of Commerce is a financial institution, which provides banking and wealth management services to personal, business, public sector, and institutional clients. It operates through the following segments: Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets.