Commerce Bancshares, Inc. (CBSH)
NASDAQ: CBSH · IEX Real-Time Price · USD
55.92
+0.82 (1.49%)
Apr 24, 2024, 4:00 PM EDT - Market closed
Commerce Bancshares Stock Forecast
Stock Price Forecast
The 7 analysts with 12-month price forecasts for Commerce Bancshares stock have an average target of 53.76, with a low estimate of 45.71 and a high estimate of 61. The average target predicts a decrease of -3.86% from the current stock price of 55.92.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for CBSH stock from 7 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Buy | 0 | 0 | 0 | 0 | 0 | 1 |
Hold | 4 | 4 | 5 | 5 | 5 | 5 |
Sell | 1 | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 5 | 5 | 6 | 6 | 6 | 7 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Raymond James | Raymond James | Hold → Buy Upgrades $61 | Hold → Buy | Upgrades | $61 | +9.08% | Apr 17, 2024 |
Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $56 → $58 | Hold | Maintains | $56 → $58 | +3.72% | Apr 17, 2024 |
Piper Sandler | Piper Sandler | Hold Maintains $53 → $54 | Hold | Maintains | $53 → $54 | -3.43% | Apr 17, 2024 |
Morgan Stanley | Morgan Stanley | Hold Maintains $46 → $55 | Hold | Maintains | $46 → $55 | -1.65% | Feb 7, 2024 |
Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Jan 19, 2024 |
Financial Forecast
Revenue This Year
1.62B
from 1.54B
Increased by 5.23%
Revenue Next Year
1.65B
from 1.62B
Increased by 2.35%
EPS This Year
3.35
from 3.64
Decreased by -7.99%
EPS Next Year
3.45
from 3.35
Increased by 2.94%
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 1.7B | 1.8B |
Avg | 1.6B | 1.7B |
Low | 1.5B | 1.5B |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | 9.9% | 8.6% |
Avg | 5.2% | 2.4% |
Low | -1.4% | -4.5% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | 3.62 | 3.95 |
Avg | 3.35 | 3.45 |
Low | 3.04 | 2.99 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
High | -0.5% | 17.9% |
Avg | -8.0% | 2.9% |
Low | -16.5% | -10.8% |
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.