Canadian Imperial Bank of Commerce (TSE:CM) Given New C$153.00 Price Target at TD Securities

Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) had its price target hoisted by analysts at TD Securities from C$142.00 to C$153.00 in a report released on Friday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. TD Securities’ target price would indicate a potential upside of 11.34% from the stock’s previous close.

Other research analysts have also issued research reports about the stock. Canaccord Genuity Group upped their price target on Canadian Imperial Bank of Commerce from C$136.00 to C$145.00 and gave the company a “hold” rating in a research report on Friday. Desjardins upped their target price on shares of Canadian Imperial Bank of Commerce from C$135.00 to C$139.00 and gave the stock a “buy” rating in a report on Monday, February 9th. Jefferies Financial Group lifted their price target on shares of Canadian Imperial Bank of Commerce from C$123.00 to C$127.00 in a report on Wednesday, February 11th. Raymond James Financial upped their price objective on shares of Canadian Imperial Bank of Commerce from C$122.00 to C$135.00 and gave the stock a “market perform” rating in a research note on Tuesday, February 17th. Finally, 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. Six research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of C$146.05.

Canadian Imperial Bank of Commerce Trading Down 3.1%

TSE:CM traded down C$4.42 during midday trading on Friday, hitting C$137.42. 2,032,905 shares of the stock were exchanged, compared to its average volume of 2,562,835. Canadian Imperial Bank of Commerce has a one year low of C$76.17 and a one year high of C$143.80. The company has a market capitalization of C$127.33 billion, a price-to-earnings ratio of 16.04, a P/E/G ratio of 3.03 and a beta of 1.26. The business has a 50-day moving average price of C$128.99 and a two-hundred day moving average price of C$119.21.

Canadian Imperial Bank of Commerce (TSE:CM) (NYSE:CM) last announced its quarterly earnings data on Thursday, February 26th. The company reported C$2.76 earnings per share (EPS) for the quarter. The company had revenue of C$8.40 billion for the quarter. Canadian Imperial Bank of Commerce had a net margin of 27.87% and a return on equity of 12.61%. Sell-side analysts forecast that Canadian Imperial Bank of Commerce will post 6.4127341 EPS for the current fiscal year.

Insider Activity

In related news, insider Frank Guse sold 5,000 shares of the stock in a transaction dated Wednesday, December 24th. The stock was sold at an average price of C$127.16, for a total transaction of C$635,800.00. Following the sale, the insider owned 1,359 shares of the company’s stock, valued at approximately C$172,810.44. This represents a 78.63% decrease in their position. 0.02% of the stock is currently owned by company insiders.

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

Canadian Imperial Bank of Commerce Company Profile

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.