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Canadian Imperial Bank of Commerce (CM-T) opinion on 2017-07-17

Last Price Recorded: 115.1000 on 2017-11-17

ON STOCKCHASE SINCE Oct 2000

banks
COMMENT

Brendan Caldwell
Canadian Imperial Bank of Commerce was $107.900 at time of opinion
Owned : Unknown

It is more of a case of what is going on with the Canadian central bank and what the rate increase will mean for the banks.  The rate increase is positive for them.  They can actually charge more for money, but won’t have to pay any more for it to customers.  The prime mortgage rate went up by a quarter of a percent.  CWB-T has the biggest net impact from this increase.  CM-T will be impacted by rate increases in how they impact the housing market.  Weakness in the industry could be an issue for them.

SELECTIVE

All opinions for CM-T (838)

248 BUY
22 BUY on WEAKNESS
131 COMMENT
169 DON'T BUY
60 HOLD
2 PARTIAL BUY
4 PARTIAL SELL
44 PAST TOP PICK
4 SELL
5 STRONG BUY
97 TOP PICK
3 VAGUE
16 WAIT
7 WATCH
26 WEAK BUY
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All opinions for CM-T (838)

248 BUY
22 BUY on WEAKNESS
131 COMMENT
169 DON'T BUY
60 HOLD
2 PARTIAL BUY
4 PARTIAL SELL
44 PAST TOP PICK
4 SELL
5 STRONG BUY
97 TOP PICK
3 VAGUE
16 WAIT
7 WATCH
26 WEAK BUY
View All

More experts covering CM-T

SAVE
Add CM-T to Watch List

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