Comerica Incorporated (CMA)
NYSE: CMA · Real-Time Price · USD
61.70
+0.54 (0.88%)
Dec 23, 2024, 12:54 PM EST - Market open
Comerica Stock Forecast
Stock Price Forecast
The 23 analysts with 12-month price forecasts for Comerica stock have an average target of 67.57, with a low estimate of 52 and a high estimate of 85. The average target predicts an increase of 9.51% from the current stock price of 61.70.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Comerica stock from 24 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 2 | 2 | 3 |
| Buy | 4 | 4 | 6 | 6 | 6 | 6 |
| Hold | 13 | 12 | 9 | 11 | 12 | 12 |
| Sell | 3 | 3 | 3 | 4 | 3 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 1 |
| Total | 23 | 22 | 21 | 23 | 23 | 24 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold → Strong Sell Initiates $60 → $64 | Hold → Strong Sell | Initiates | $60 → $64 | +3.73% | Dec 17, 2024 |
| Compass Point | Compass Point | Strong Buy Maintains $64 → $80 | Strong Buy | Maintains | $64 → $80 | +29.66% | Dec 10, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Buy Maintains $72 → $82 | Buy | Maintains | $72 → $82 | +32.90% | Dec 4, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $64 → $72 | Hold | Maintains | $64 → $72 | +16.69% | Dec 3, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $71 → $85 | Strong Buy | Maintains | $71 → $85 | +37.76% | Nov 26, 2024 |
Financial Forecast
Revenue This Year
3.31B
Revenue Next Year
3.47B
from 3.31B
Increased by 4.86%
EPS This Year
5.14
from 6.44
Decreased by -20.14%
EPS Next Year
5.54
from 5.14
Increased by 7.73%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 3.5B | 3.7B | 4.1B | |||
| Avg | 3.3B | 3.5B | 3.6B | |||
| Low | 3.2B | 3.3B | 3.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | - | 12.4% | 17.6% | |||
| Avg | - | 4.9% | 3.4% | |||
| Low | - | -1.8% | -7.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 5.70 | 6.62 | 7.33 | |||
| Avg | 5.14 | 5.54 | 6.24 | |||
| Low | 4.63 | 4.76 | 5.09 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | -11.5% | 28.6% | 32.3% | |||
| Avg | -20.1% | 7.7% | 12.7% | |||
| Low | -28.2% | -7.4% | -8.2% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.