Jefferies Keeps Their Hold Rating on Canadian Bank of Commerce (CM)
Jefferies analyst John Aiken maintained a Hold rating on Canadian Bank of Commerce (CM – Research Report) yesterday and set a price target of C$94.00.
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Aiken covers the Financial sector, focusing on stocks such as Royal Bank Of Canada, Canadian Bank of Commerce, and Great-West Lifeco. According to TipRanks, Aiken has an average return of 0.0% and a 51.19% success rate on recommended stocks.
In addition to Jefferies, Canadian Bank of Commerce also received a Hold from National Bank's Gabriel Dechaine in a report issued yesterday. However, on the same day, Barclays maintained a Sell rating on Canadian Bank of Commerce (NYSE: CM).
The company has a one-year high of $69.88 and a one-year low of $46.99. Currently, Canadian Bank of Commerce has an average volume of 1.17M.
Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CM in relation to earlier this year.
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