BUY

A big holding of his. They have pledged to increase earnings in the U.S. (as have other Canadian banks) so that 25% of earnings are American. They will focus more on organic growth and controlling expenses. Are building reserves against credit losses. Pay over a 5% dividend yield.

banks
BUY
Not expensive, great dividend, oligopoly. Difficulties with housing market plus slowing economy are pushing them to over-reserve. CM has always been a difficult story. It had a great retail franchise, until investment was diverted to wealth management where it's always been playing catch up. Great business, will continue to do well.
banks
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly During periods of market uncertainty, Canadian chartered banks (like CM) are a good safe haven. We particularly like how cash reserves have resumed growing, while debt is being retired. It pays a great yield, backed by a payout ratio under 50% of cash flow. We recommend a stop loss at $48, looking achieve $69 -- upside potential of 16%. Yield 5.8$ (Analysts’ price target is $69.00)
banks
DON'T BUY
Canadian banks are in a tough space right now, with slowing economy and housing. That will affect CM more.
banks
DON'T BUY
Results were horrible. Stick with the ones that continue to knock it out of the park -- TD, RY, and NA. He owns these 3, and is happy to continue buying.
banks
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK
(A Top Pick Nov 10/22, Down 14%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with CM has triggered its stop at $55. To remain disciplined, we recommend covering the position at this time. Combined with our previous buy recommendation this results in a net investment loss of 12%.
banks
HOLD
Trading at 8x earnings. Its wonderful retail banking got destroyed when capital was redirected to investment banking side. Trying to get back to strong retail franchise. Opportunity to buy it cheap. Investment banking and asset management will be tough. Paid to hold. Dividend safe. Highest yield of all the banks, around 6%.
banks
DON'T BUY
Banks are in a downtrend and not doing well in these times. He won't buy a stock in a downturn. To buy a stock for their conservative account, there must be 3 successful peaks showing higher highs and higher lows on the weekly chart. Also it should be above its 200 day moving average. One breakout does not mean a buy.
banks
HOLD
Likes the prospects for Canadian banks, but does not own shares. Other options for investors. Current share price and dividend yield is attractive.
banks
BUY
It is in the penalty box along with the other banks. Its net interest margin is not related as positively with the rise in rates. Mortgage renewals can be a problem with higher rates. It has a compelling valuation and great yield but in the immediate term there will be turbulence.
banks
DON'T BUY
CM vs. BNS Both have underperformed over the last year. CM is down 16%, BNS down 18%. RY is the only bank up YTD. Any contrarian would say buy. Over the last 5 years, both are at the bottom of the pack. If you like Latin America and the new CEO, pick BNS. If you think CM has cleaned up its US litigation, pick that one. BNS gets his vote. Yield is 6.3%.
banks
DON'T BUY
Big mortgage loan book in Canada. Question marks around how Canadians are going to be able to handle higher interest rates. Domestic focus could keep a lid on multiple expansion.
banks
premium

This is a Panic-proof Portfolio opinion which is available only for Premium members

Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly Trading at 9x earnings and 1.3x book, CM is reiterated as a TOP PICK. In a period of high interest rates, it is a defensive holding. Its dividend is backed by a payout ratio under 50% of cash flow and its ROE is over 14%. We recommend trailing up the stop-loss (from $52) to $55, looking to achieve $93 — upside potential over 45%. Yield 5.3% (Analysts’ price target is $92.77)
banks
DON'T BUY
CM vs. TD for the long term? TD. CM has a lower valuation, but TD has everything going for it. CM is struggling, and he's wary of that. Go with the better quality ones now. His firm looks at valuation, not fundamentals. When it's time to buy value, he'd look at CM.
banks
BUY
Strong business and excellent prospects in Canada. Second highest dividend for Canadian banks. Higher interest rates good for banks. Fears of recession have pushed shares low. Good time to buy shares. Will be a good business for the long term investor.
banks
Showing 1 to 15 of 1,031 entries

Canadian Imperial Bank of Commerce (CIBC)(CM-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 17

Neutral - Hold Signals / Votes : 6

Bearish - Sell Signals / Votes : 8

Total Signals / Votes : 31

Stockchase rating for Canadian Imperial Bank of Commerce (CIBC) is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Canadian Imperial Bank of Commerce (CIBC)(CM-T) Frequently Asked Questions

What is Canadian Imperial Bank of Commerce (CIBC) stock symbol?

Canadian Imperial Bank of Commerce (CIBC) is a Canadian stock, trading under the symbol CM-T on the Toronto Stock Exchange (CM-CT). It is usually referred to as TSX:CM or CM-T

Is Canadian Imperial Bank of Commerce (CIBC) a buy or a sell?

In the last year, 31 stock analysts published opinions about CM-T. 17 analysts recommended to BUY the stock. 8 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Canadian Imperial Bank of Commerce (CIBC).

Is Canadian Imperial Bank of Commerce (CIBC) a good investment or a top pick?

Canadian Imperial Bank of Commerce (CIBC) was recommended as a Top Pick by on . Read the latest stock experts ratings for Canadian Imperial Bank of Commerce (CIBC).

Why is Canadian Imperial Bank of Commerce (CIBC) stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Canadian Imperial Bank of Commerce (CIBC) worth watching?

31 stock analysts on Stockchase covered Canadian Imperial Bank of Commerce (CIBC) In the last year. It is a trending stock that is worth watching.

What is Canadian Imperial Bank of Commerce (CIBC) stock price?

On 2023-02-08, Canadian Imperial Bank of Commerce (CIBC) (CM-T) stock closed at a price of $61.93.