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 $53.86.
According to TipRanks, Braziler is a 3-star analyst with an average return of 2.1% and a 50.63% success rate. Braziler covers the Financial sector, focusing on stocks such as Columbia Banking System, East West Bancorp, and Popular.
Commerce Bancshares has an analyst consensus of Hold, with a price target consensus of $55.08.
The company has a one-year high of $56.47 and a one-year low of $40.49. Currently, Commerce Bancshares has an average volume of 486.2K.
Based on the recent corporate insider activity of 151 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 CBSH in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
