In a report released yesterday, Timur Braziler from Wells Fargo maintained a Hold rating on Commerce Bancshares (CBSH – Research Report), with a price target of $52.00. The company’s shares closed yesterday at $48.32.
Braziler covers the Financial sector, focusing on stocks such as Bank OZK, First Bancorp Puerto Rico, and Banc of California. According to TipRanks, Braziler has an average return of -6.6% and a 40.98% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Commerce Bancshares with a $52.40 average price target, implying an 8.44% upside from current levels. In a report released yesterday, Jefferies also maintained a Hold rating on the stock with a $52.00 price target.
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The company has a one-year high of $71.51 and a one-year low of $45.30. Currently, Commerce Bancshares has an average volume of 575.4K.
Based on the recent corporate insider activity of 141 insiders, corporate insider sentiment is neutral on the stock.
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Commerce Bancshares (CBSH) Company Description:
Commerce Bancshares, Inc. operates as a bank holding company. Its provides electronic banking, deposit accounts, loans and credit lines, and mortgage loans. The company was founded in February 1968 and is headquartered in Nolensville, TN.
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