Canadian Imperial Bank of Commerce (CM) Announces Dividend Increase - $1.05 Per Share

One investment analyst has rated the stock with a sell rating, four have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company.

Looking at shares of Canadian Imperial Bank of Commerce (CM), we can see that the 7 day ADX signal is now a Buy. $38.45B is Cdn Imperial Bk Comm Toronto's market cap. That's 8.00 % below today's $88.38 stock price. About 1.19M shares traded. Canadian Imperial Bank of Commerce (CM) now has a 14-day Commodity Channel Index (CCI) of 35.13. It has underperformed by 10.72% the S&P500. The reduction is 64.56% according to 2017Q4 SEC filling. Accern also gave news headlines about the bank an impact score of 46.8892438238456 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days. Brahman Capital Corp who had been investing in Nrg Energy Inc for a number of months, seems to be bullish on the $9.71 billion market cap company. The weighted alpha gauges how much the stock has increased or decreased over the period of one full year. It has outperformed by 10.07% the S&P500. According to a filing the fund reduced its stake in Teck Resources Ltd Cl B (NYSE:TCK) by 120,700 shares to 388,094 shares, valued at $10.13M in 2017Q4. Now for Canadian Imperial Bank of Commerce, the average true range is 1.35. Therefore 79% are positive. After $2.50 actual EPS reported by Canadian Imperial Bank of Commerce for the previous quarter, Wall Street now forecasts -10.80% negative EPS growth. Canadian Imperial Bank of Commerce (CM) may look good on a chart, but it could artificially inflated or at unsustainable price levels. On Tuesday, December 19 the stock has "Overweight" rating by Barclays Capital. On Friday, December 1 the company was upgraded by Credit Suisse. The firm earned "Neutral" rating on Monday, March 7 by SunTrust. Finally, ValuEngine cut Canadian Imperial Bank of Commerce from a "buy" rating to a "hold" rating in a report on Monday, April 2nd. The rating was initiated by Bank of America with "Underperform" on Tuesday, November 1.

Among 53 analysts covering Apple Inc. When BOP is equal zero it indicates that buyers and sellers are equally strong. Canadian Imperial Bank Of Commerce had 29 analyst reports since August 4, 2015 according to SRatingsIntel. Guggenheim Llc stated it has 0.1% of its portfolio in NRG Energy, Inc. Canadian Imperial Bank of Commerce has an average rating of "Buy" and an average target price of $115.86. Piper Jaffray maintained Apple Inc. (NASDAQ:AAPL) on Monday, August 31 with "Buy" rating. The stock of Apple Inc. The firm has "Buy" rating given on Friday, September 15 by Robert W. Baird.

The company also recently announced a quarterly dividend, which will be paid on Friday, April 27th. Stockholders of record on Wednesday, March 28th will be issued a dividend of $1.047 per share. The company was downgraded on Tuesday, December 19 by Instinet. The bank reported $2.50 EPS for the quarter, topping analysts' consensus estimates of $2.26 by $0.24. CM's profit will be $966.13M for 9.91 P/E if the $2.23 EPS becomes a reality.

Since October 25, 2017, it had 0 buys, and 3 selling transactions for $7.57 million activity.

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