TD Forecasts Strong Price Appreciation for Canadian Imperial Bank of Commerce (TSE:CM) Stock

Posted by George Bondi on Aug 12th, 2026

Canadian Imperial Bank of Commerce (TSE:CM – Get Free Report) (NYSE:CM) had its price objective upped by stock analysts at TD from C$163.00 to C$175.00 in a report issued on Wednesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. TD’s target price suggests a potential upside of 3.85% from the company’s previous close.

A number of other analysts have also recently weighed in on the stock. Raymond James Financial decreased their price target on shares of Canadian Imperial Bank of Commerce from C$157.50 to C$155.50 and set a “market perform” rating for the company in a research report on Friday, May 29th. Scotiabank boosted their price objective 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 note on Tuesday, June 16th. National Bank Financial upped their target price on Canadian Imperial Bank of Commerce from C$150.00 to C$152.00 and gave the stock a “sector perform” rating in a research report on Friday, May 15th. Jefferies Financial Group increased their target price on Canadian Imperial Bank of Commerce from C$136.00 to C$143.00 in a research note on Wednesday, May 20th. Finally, Canaccord Genuity Group increased their target price on Canadian Imperial Bank of Commerce from C$160.00 to C$168.00 and gave the company a “hold” rating in a research note on Tuesday, July 7th. Five investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Canadian Imperial Bank of Commerce has a consensus rating of “Hold” and a consensus target price of C$157.50.

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Canadian Imperial Bank of Commerce Price Performance

CM stock traded up C$2.87 during midday trading on Wednesday, reaching C$168.51. 576,846 shares of the company’s stock traded hands, compared to its average volume of 2,535,970. Canadian Imperial Bank of Commerce has a fifty-two week low of C$100.43 and a fifty-two week high of C$171.64. The business has a 50-day moving average price of C$162.59 and a two-hundred day moving average price of C$148.00. The company has a market capitalization of C$153.82 billion, a P/E ratio of 16.72, a PEG ratio of 3.03 and a beta of 1.40.

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

Insider Activity at Canadian Imperial Bank of Commerce

In related news, insider Christopher John Anderson sold 8,490 shares of Canadian Imperial Bank of Commerce stock in a transaction on Thursday, June 11th. The shares were sold at an average price of C$155.50, for a total transaction of C$1,320,195.00. Following the sale, the insider owned 6,252 shares of the company’s stock, valued at C$972,186. The trade was a 57.59% decrease in their position. Also, insider Amy Florence South sold 1,086 shares of the business’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. In the last three months, insiders sold 17,776 shares of company stock valued at $2,817,744. Corporate insiders own 0.02% of the company’s stock.

Canadian Imperial Bank of Commerce Company Profile

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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.