Alert: Positive Investment/Fundamental Signals (12/18/23)-Canadian Imperial Bank of Commer (NYSE: CM)


Extremely important positive changes in investment behavior have recently occurred for Canadian Imperial Bank of Commer (NYSE: CM): positive upside/downside volume developed, and its longer term price trend turned up.

Canadian Imperial Bank of Commer (NYSE: CM). Important positive changes in fundamentals have recently occurred: significant quarterly earnings acceleration occurred, and the consensus estimate for October, 2025 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

CM’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.

Canadian Imperial Bank of Commer has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Canadian Imperial Bank of Commer has a very high Appreciation Score of 87 but a neutral Power Rating of 50, leading to the Positive Value Trend Rating.

Recent Price Action

On 12/18/23, Canadian Imperial Bank of Commer (NYSE: CM) stock declined slightly by -0.02%, closing at $45.48. Moreover, this decline was accompanied by above average trading volume at 138% of normal. The stock has risen 5.7% during the last week and has performed in line with the market over the last nine months.

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