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According to TipRanks, Young is a 5-star analyst with an average return of 13.8% and a 70.98% success rate. Young covers the Financial sector, focusing on stocks such as Bank Of Montreal, Canadian Bank of Commerce, and Toronto Dominion Bank.
Currently, the analyst consensus on Canadian Bank of Commerce is a Moderate Buy with an average price target of $71.16, representing a 5.31% upside. In a report released today, RBC Capital also maintained a Buy rating on the stock with a C$116.00 price target.
Based on Canadian Bank of Commerce's latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $7.25 billion and a net profit of $2.16 billion. In comparison, last year the company earned a revenue of $6.21 billion and had a net profit of $1.72 billion
Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CM in relation to earlier this year.