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Canadian Imperial Bank of Commerce T.CM

Alternate Symbol(s):  CM | T.CM.PR.Q | T.CM.PR.P | T.CM.PR.S

Canadian Imperial Bank of Commerce is a Canada-based financial institution. The Company has over 14 million personal banking, business, public sector and institutional clients in Canada, the United States and around the world. The Company has four strategic business units (SBUs): Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets and Direct Financial Services. Its Canadian Personal and Business Banking provides personal and business clients across Canada with financial advice, services and solutions through banking centers, as well as mobile and online channels. Its Canadian Commercial Banking and Wealth Management provides relationship-oriented banking and wealth management services to middle-market companies, entrepreneurs, high-net-worth individuals and families across Canada, as well as asset management services to institutional investors.


TSX:CM - Post by User

Comment by ScarletSpideron Feb 29, 2024 10:21am
164 Views
Post# 35906308

RE:Should Not Be Trading Lower Than $64

RE:Should Not Be Trading Lower Than $64National Bank outperform $71 year target...dont get fleeced. Should not end less than 67 i say closer to 70 but love the outperform. Lets see when rate cuts com if that range goes 71 to 75 or stays closer 70. Either way still more upside than down people are fleeced under 64 just saying  shorters will brimg the shares a few dollars down and may buy then flip repeat who knows?  The majority stocks should rise great time to grab before rates get cut. I dont know why but i dont feel June will be the time i think the BOC will wait closer to September just a gut feeling but the sooner the vetter the rates are hurting mortgage holders a quarter percent is huge so these constant rate increases are really damaging but waiting longer will at least possibly avoid cutting then possibly raising although it us a far gone conclusion people badly need relief with their mortgages the extension itself isnt good enough. If you cant make payments that is a moot point.
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