Canadian Imperial Bank of Commerce (TSE:CM) Given New C$153.00 Price Target at Jefferies Financial Group

Posted by George Bondi on Aug 13th, 2026

Canadian Imperial Bank of Commerce (TSE:CM – Get Free Report) (NYSE:CM) had its price target boosted by analysts at Jefferies Financial Group from C$143.00 to C$153.00 in a report released on Thursday,BayStreet.CA reports. The firm currently has a “hold” rating on the stock. Jefferies Financial Group’s target price would indicate a potential downside of 10.34% from the stock’s previous close.

Several other research firms have also weighed in on CM. National Bank Financial increased their target price on Canadian Imperial Bank of Commerce from C$150.00 to C$152.00 and gave the company a “sector perform” rating in a research note on Friday, May 15th. Scotiabank boosted their target price on Canadian Imperial Bank of Commerce from C$155.00 to C$157.00 and gave the stock a “sector perform” rating in a research report on Tuesday, June 16th. Raymond James Financial upped their price target on Canadian Imperial Bank of Commerce from C$155.50 to C$173.50 and gave the company a “market perform” rating in a research note on Wednesday. TD increased their price target on shares of Canadian Imperial Bank of Commerce from C$163.00 to C$175.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Desjardins lowered shares of Canadian Imperial Bank of Commerce from a “buy” rating to a “hold” rating and lifted their price objective for the stock from C$160.00 to C$173.00 in a research note on Wednesday, August 5th. Five investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, Canadian Imperial Bank of Commerce currently has a consensus rating of “Hold” and an average price target of C$160.95.

Check Out Our Latest Report on CM

Canadian Imperial Bank of Commerce Price Performance

Shares of Canadian Imperial Bank of Commerce stock traded up C$2.02 on Thursday, hitting C$170.65. 446,712 shares of the company’s stock traded hands, compared to its average volume of 2,535,068. The firm’s 50-day moving average price is C$162.97 and its two-hundred day moving average price is C$148.29. The stock has a market capitalization of C$155.77 billion, a PE ratio of 16.93, a price-to-earnings-growth ratio of 3.03 and a beta of 1.40. Canadian Imperial Bank of Commerce has a one year low of C$100.43 and a one year high of C$171.64.

Canadian Imperial Bank of Commerce (TSE:CM – Get Free Report) (NYSE:CM) last posted its quarterly earnings results on Thursday, May 28th. The company reported C$2.54 earnings per share (EPS) for the quarter. Canadian Imperial Bank of Commerce had a return on equity of 15.24% and a net margin of 18.44%.The business had revenue of C$8.01 billion for the quarter. On average, analysts forecast that Canadian Imperial Bank of Commerce will post 6.4127341 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Amy Florence South sold 1,086 shares of the firm’s stock in a transaction on Thursday, June 25th. The stock was sold at an average price of C$162.15, for a total transaction of C$176,094.90. Also, insider Stephen Alan Scholtz sold 6,000 shares of Canadian Imperial Bank of Commerce stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of C$162.70, for a total value of C$976,200.00. In the last quarter, insiders have sold 17,776 shares of company stock valued at $2,817,744. 0.02% of the stock is owned by company insiders.

Canadian Imperial Bank of Commerce Company Profile

(Get Free Report)

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.