Robert W. Baird analyst David George maintained a Hold rating on Comerica (NYSE:CMA) Inc. on Tuesday, setting a price target of $68, which is approximately 1.66% below the present share price of $69.15.
George expects Comerica Inc . to post earnings per share (EPS) of $1.50 for the second quarter of 2021.
The current consensus among 15 TipRanks analysts is for a Hold rating of shares in Comerica, with an average price target of $72.38.
The analysts price targets range from a high of $82 to a low of $65.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $669 million and a net profit of $0. The company's market cap is $9.65 billion.
According to TipRanks.com, Robert W. Baird analyst David George is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 13.2% and a 68.15% success rate.
Comerica, Inc. engages in the provision of financial services. It operates through the following segments: Business Bank, Retail Bank, Wealth Management, Finance, and Other. The Business Bank segment involves in the middle market businesses, multinational corporations, and governmental entities by offering various products and services such as commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, foreign exchange management, and loan syndication. The Retail Bank segment includes small business banking and personal financial services, which consist of consumer lending, consumer deposit gathering, and mortgage loan origination. The Wealth Management segment offers fiduciary services, private banking, retirement services, investment management and advisory services, investment banking and brokerage services. The Finance segment comprises corporation's securities portfolio and asset and liability management activities. The Other category consists of income and expense impact of equity and cash, tax benefits, charges of an unusual or infrequent nature that are not reflective of the normal operations, and miscellaneous other expenses of a corporate nature. The company was founded in 1973 and is headquartered in Dallas, TX.