RE:RE:CIBC: 2024 OutlookWhat? CIBC is a joke with their price target assessment; they are ultra conservative and assign ultra-low valuation multiples to come up with it. The other Canadian sell-side analysts assign reasonable multiples to get their PTs from $80s to $100s. Just because the market is being irrational right now doesn't mean CIBC's BS valuation is reasonable.
Transit77 wrote: CIBC always realistic and informative. Others valuations are way to high. Now this law suit is haunting us again. When will it pop up probably in 1-2 years. Non sense. Where are our orders ? Military and fleet CIBC only commented on a book to bill of 1.2.......we need far more than that.