Shares of Canadian Imperial Bank of Commerce (NYSE:CM) traded at a new 52-week high today of $103.23. This new high was reached on below average trading volume as 143,000 shares traded hands, while the average 30-day volume is approximately 641,000 shares.
Canadian Imperial Bank of Commerce share prices have moved between a 52-week high of $103.23 and a 52-week low of $54.94 and are now trading 88% above that low price at $103.05 per share.
Canadian Imperial Bank of Commerce (NYSE:CM) defies analysts with a current price ($103.05) 17.2% above its average consensus price target of $85.28.
Canadian Imperial Bank of Commerce is Canada’s fifth- largest bank, operating three business segments: retail and business banking, wealth management, and capital markets. It serves approximately 11 million personal banking and business customers, primarily in Canada.
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