Canadian Imperial Bank of Commerce (CM-T) Stock Predictions - Stockchase
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Canadian Imperial Bank of Commerce (CM-T)

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Canadian Imperial Bank of...

CM-T

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Canadian Imperial Bank of Commerce (CM-T) SAVE Mar, 23, 2019, 7:34 am

109.28 2.52 (2.25%)

About Canadian Imperial Bank of Commerce (CM-T)

The Canadian Imperial Bank of Commerce, commonly referred to as CIBC, is one of the Big Five banks in Canada. The bank is headquartered at Commerce Court in Toronto, Ontario. CIBC's Institution Number is 010, and its SWIFT code is CIBCCATT. More at Wikipedia

What the experts are saying about CM-T



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Signal Opinion Expert
SELL
If it breaks through $109.50, you'll go down to $105, and then the next spot is $98. Banks are predictable, not a big drop. Better places to deploy capital because of seasonality and rate slowdown. He'd look at it again around $100-105. Interest rates would really need to rise to see it break through.
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If it breaks through $109.50, you'll go down to $105, and then the next spot is $98. Banks are predictable, not a big drop. Better places to deploy capital because of seasonality and rate slowdown. He'd look at it again around $100-105. Interest rates would really need to rise to see it break through.
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Hap (Robert) Sn

Chief Port, Castlemoore Inc....

Price Price
$109.280
Owned Owned
No

BUY
The Canadian banks are good value. They've come off their highs in the recent reports, due to the harsh market action in Q4 2018. CIBC is the cheapest of the pack in terms of PE and highest yield, but it's also had its issues. It's priced accordingly. He likes the American exposure of TD, though. These are not expensive stocks. You can't go wrong with these banks.
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The Canadian banks are good value. They've come off their highs in the recent reports, due to the harsh market action in Q4 2018. CIBC is the cheapest of the pack in terms of PE and highest yield, but it's also had its issues. It's priced accordingly. He likes the American exposure of TD, though. These are not expensive stocks. You can't go wrong with these banks.
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Don Lato

President, Padlock Investment M...

Price Price
$111.950
Owned Owned
No

DON'T BUY
TD-T vs. CM-T. The banks this year should have an up year. He prefers TD-T. CM-T has the most exposure to Canada. They are going to do US acquisitions but those they buy will be at much higher multiples than CM-T trades at now so it will be dilutive.
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TD-T vs. CM-T. The banks this year should have an up year. He prefers TD-T. CM-T has the most exposure to Canada. They are going to do US acquisitions but those they buy will be at much higher multiples than CM-T trades at now so it will be dilutive.
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Teal Linde

Portfolio , Linde Equity Report...

Price Price
$112.460
Owned Owned
Unknown

BUY
They are the most attractive from a valuation basis. 5% yield. Canadian banks above 5% yield are always a buy. CM-T has not participated in recent strength in banks. It’s a buying opportunity.
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They are the most attractive from a valuation basis. 5% yield. Canadian banks above 5% yield are always a buy. CM-T has not participated in recent strength in banks. It’s a buying opportunity.
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Kash Pashootan

CEO & Chie, First Avenue Investm...

Price Price
$112.330
Owned Owned
Yes

BUY
Just went through bank reporting season. Dividends rose as expected. Banks are off a little bit. CIBC disappointed a little more than the others. The concern with CIBC is its domestic exposure. A made in Canada recession would impact this name. Yield is good.
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Just went through bank reporting season. Dividends rose as expected. Banks are off a little bit. CIBC disappointed a little more than the others. The concern with CIBC is its domestic exposure. A made in Canada recession would impact this name. Yield is good.
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Lyle Stein

Sr. Portfo, Vestcap Investment M...

Price Price
$111.900
Owned Owned
Yes

BUY
Reports on Thursday He plays a US-centric angle among Canadian banks, so doesn't own CM. But CM's earnings should be decent and should enjoy upside into the summer.
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Reports on Thursday He plays a US-centric angle among Canadian banks, so doesn't own CM. But CM's earnings should be decent and should enjoy upside into the summer.
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Andrew Pyle

Senior wea, The Pyle Group, Scot...

Price Price
$114.610
Owned Owned
No

BUY
He recently took profits out of risk-reward, not because he was bearish. It's been in a channel between $110-125. This should eventually hit $130, if you have a long-term view.
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He recently took profits out of risk-reward, not because he was bearish. It's been in a channel between $110-125. This should eventually hit $130, if you have a long-term view.
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Keith Richards

Portfolio , ValueTrend Wealth Ma...

Price Price
$114.240
Owned Owned
No

COMMENT
Placing a January 2020 covered call? He's unsure about going to January 2020 unless you want to generate a set rate of return based on dividends and income from the covered option. It's the highest yielding Canadian bank at 5.5%. If you sell a Jan. 2020 call slightly out of the money you'll get another 4%. That's an over 9% return and capital gain. CM's numbers have been good lately. This could hit $125.
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Placing a January 2020 covered call? He's unsure about going to January 2020 unless you want to generate a set rate of return based on dividends and income from the covered option. It's the highest yielding Canadian bank at 5.5%. If you sell a Jan. 2020 call slightly out of the money you'll get another 4%. That's an over 9% return and capital gain. CM's numbers have been good lately. This could hit $125.
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Richard Croft

President, R.N. Croft Financial...

Price Price
$113.220
Owned Owned
Yes

TOP PICK
It's traded in a range for the past 10 years and recently fell to $104 and has since risen. Buy the cheapest bank in the group because it will beat the other banks,. It had its nasty bit. He targets $127. (Analysts’ price target is $125.43)
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It's traded in a range for the past 10 years and recently fell to $104 and has since risen. Buy the cheapest bank in the group because it will beat the other banks,. It had its nasty bit. He targets $127. (Analysts’ price target is $125.43)
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Ross Healy

Chairman, Strategic Analysis C...

Price Price
$110.890
Owned Owned
Yes

WATCH
The next target is $1.12. If it gets through that, it will bring in a lot of room to $1.20 for the next resistance. We are getting the seasonal strength finally kicking in.
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The next target is $1.12. If it gets through that, it will bring in a lot of room to $1.20 for the next resistance. We are getting the seasonal strength finally kicking in.
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Hap (Robert) Sn

Chief Port, Castlemoore Inc....

Price Price
$111.320
Owned Owned
Unknown

SELL ON STRENGTH
Bought it a couple of years ago. He is looking for an exit. He doesn't own stocks that move from an uptrend. The story is over unless a miracle happens. He doesn't see any catalyst.
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Bought it a couple of years ago. He is looking for an exit. He doesn't own stocks that move from an uptrend. The story is over unless a miracle happens. He doesn't see any catalyst.
banks
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Keith Richards

Portfolio , ValueTrend Wealth Ma...

Price Price
$109.230
Owned Owned
Yes

BUY
Valuation in the bank group is compelling. Only one with yield over 5%. Trading at 1.4x book, strong balance sheet. Negative has always been that it's domestic, and more exposed to the mortgage market. If your outlook is longer term, and you want the dividend, it's a good buy today.
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Valuation in the bank group is compelling. Only one with yield over 5%. Trading at 1.4x book, strong balance sheet. Negative has always been that it's domestic, and more exposed to the mortgage market. If your outlook is longer term, and you want the dividend, it's a good buy today.
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Michael Sprung

President, Sprung Investment Ma...

Price Price
$106.810
Owned Owned
Unknown

WATCH
The banks did not have their strong seasonal period recently and he reduced his holdings to just BMO-T. We are at a magic level here. It is banging into resistance right now. If we get above $105 it will be clear sailing to $110. BMO-T or TD-T are the best banks and CM-T is pretty good. We should have a second period of seasonality starting near the end of January until April.
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The banks did not have their strong seasonal period recently and he reduced his holdings to just BMO-T. We are at a magic level here. It is banging into resistance right now. If we get above $105 it will be clear sailing to $110. BMO-T or TD-T are the best banks and CM-T is pretty good. We should have a second period of seasonality starting near the end of January until April.
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Hap (Robert) Sn

Chief Port, Castlemoore Inc....

Price Price
$105.790
Owned Owned
No

HOLD
It was the worst performing bank stock in 2018. It should be the best this year on that basis. At these prices it is at or above 5% yield. It is one of the more domestic banks. The Canadian economy will not be the engine it was. The earnings momentum going forward will be linked to the Canadian economy. He is leaning outside of Canada for future bank investments.
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It was the worst performing bank stock in 2018. It should be the best this year on that basis. At these prices it is at or above 5% yield. It is one of the more domestic banks. The Canadian economy will not be the engine it was. The earnings momentum going forward will be linked to the Canadian economy. He is leaning outside of Canada for future bank investments.
banks
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Lyle Stein

Sr. Portfo, Vestcap Investment M...

Price Price
$101.920
Owned Owned
Yes

PAST TOP PICK
(A Top Pick Jan 19/18, Down 3%) Value stocks didn't work last year. All the banks have been weak. This was no exception.
banks
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(A Top Pick Jan 19/18, Down 3%) Value stocks didn't work last year. All the banks have been weak. This was no exception.
banks
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0 comments
Ross Healy

Chairman, Strategic Analysis C...

Price Price
$101.920
Owned Owned
Unknown

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