Canadian Imperial Bank of Commerce (TSE:CM) Stock Price Expected to Rise, Raymond James Financial Analyst Says

Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) had its price objective increased by investment analysts at Raymond James Financial from C$135.00 to C$148.50 in a research note issued to investors on Friday,BayStreet.CA reports. The brokerage presently has a “market perform” rating on the stock. Raymond James Financial’s target price would suggest a potential upside of 8.06% from the stock’s previous close.

A number of other analysts also recently commented on the company. TD Securities raised their price objective on Canadian Imperial Bank of Commerce from C$142.00 to C$153.00 and gave the stock a “buy” rating in a research report on Friday. Royal Bank Of Canada boosted their price target on shares of Canadian Imperial Bank of Commerce from C$134.00 to C$158.00 and gave the company an “outperform” rating in a report on Friday. BMO Capital Markets raised their price objective on shares of Canadian Imperial Bank of Commerce from C$135.00 to C$150.00 and gave the stock an “outperform” rating in a report on Friday. Barclays upgraded shares of Canadian Imperial Bank of Commerce from a “strong sell” rating to an “overweight” rating and lifted their target price for the company from C$126.00 to C$137.00 in a research report on Thursday, February 19th. Finally, National Bank Financial increased their price target on shares of Canadian Imperial Bank of Commerce from C$131.00 to C$150.00 and gave the stock a “sector perform” rating in a research report on Friday. Six analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of C$146.05.

Canadian Imperial Bank of Commerce Price Performance

Shares of TSE CM traded down C$4.42 during trading hours on Friday, hitting C$137.42. 2,032,905 shares of the company’s stock were exchanged, compared to its average volume of 2,562,835. The company’s 50-day moving average price is C$128.99 and its 200-day moving average price is C$119.21. Canadian Imperial Bank of Commerce has a 1-year low of C$76.17 and a 1-year high of C$143.80. The stock has a market capitalization of C$127.33 billion, a price-to-earnings ratio of 16.04, a PEG ratio of 3.03 and a beta of 1.26.

Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) last issued its quarterly earnings results on Thursday, February 26th. The company reported C$2.76 EPS for the quarter. Canadian Imperial Bank of Commerce had a return on equity of 12.61% and a net margin of 27.87%.The company had revenue of C$8.40 billion during the quarter. On average, research analysts expect that Canadian Imperial Bank of Commerce will post 6.4127341 earnings per share for the current year.

Insider Buying and Selling at Canadian Imperial Bank of Commerce

In other news, insider Frank Guse sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 24th. The shares were sold at an average price of C$127.16, for a total transaction of C$635,800.00. Following the completion of the sale, the insider owned 1,359 shares of the company’s stock, valued at approximately C$172,810.44. This trade represents a 78.63% decrease in their ownership of the stock. Insiders own 0.02% of the company’s stock.

Canadian Imperial Bank of Commerce News Roundup

Here are the key news stories impacting Canadian Imperial Bank of Commerce this week:

• Positive Sentiment: BMO Capital Markets raised its target to C$150 and kept an “outperform” rating (about a 9.1% upside vs. the cited reference price). BayStreet.CA
• Positive Sentiment: RBC boosted its target to C$158 and maintained an “outperform” rating (roughly 14.9% upside), signaling confidence in the bank’s outlook. BayStreet.CA
• Positive Sentiment: Scotiabank raised its target to C$153 with an “outperform” call (about 11.2% upside), adding to the wave of bullish analyst revisions. BayStreet.CA TickerReport
• Positive Sentiment: National Bank Financial lifted its target to C$150 and assigned a “sector perform” rating, reflecting modest upside expectations. BayStreet.CA
• Positive Sentiment: Canaccord Genuity increased its target to C$145 with a “hold” rating, indicating some upside but more cautious near-term conviction. BayStreet.CA
• Neutral Sentiment: The bank reported quarterly results showing C$2.76 EPS and revenue of C$8.40 billion, with ROE ~12.6% and a net margin of ~27.9% — solid fundamentals but the headlines alone don’t clearly explain intraday selling. MarketBeat Earnings
• Negative Sentiment: Despite the analyst upgrades and decent quarterly metrics, shares are down — likely due to profit-taking after a recent run toward the 1‑year high and investor focus on valuation (the stock’s PEG and P/E were noted by market trackers). This suggests short-term technical/flow factors are outweighing the upgrades. Market Context

About Canadian Imperial Bank of Commerce

CIBC is a leading North American financial institution with 15 million personal banking, business, public sector and institutional clients. Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across Canada, in the United States and around the world.