Comerica Incorporated (CMA)
NYSE: CMA · IEX Real-Time Price · USD
50.42
-5.91 (-10.49%)
At close: Jul 19, 2024, 4:00 PM
50.12
-0.30 (-0.60%)
Pre-market: Jul 22, 2024, 7:27 AM EDT
Comerica Stock Forecast
Stock Price Forecast
The 22 analysts with 12-month price forecasts for Comerica stock have an average target of 55.23, with a low estimate of 43 and a high estimate of 68. The average target predicts an increase of 9.54% from the current stock price of 50.42.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Comerica stock from 23 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 5 | 4 | 4 | 3 |
| Buy | 3 | 3 | 2 | 2 | 3 | 4 |
| Hold | 11 | 11 | 13 | 13 | 13 | 13 |
| Sell | 2 | 2 | 2 | 2 | 3 | 3 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 20 | 20 | 22 | 21 | 23 | 23 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy → Hold Downgrades $55 → $53 | Strong Buy → Hold | Downgrades | $55 → $53 | +5.12% | Jul 22, 2024 |
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $58 → $56 | Hold | Maintains | $58 → $56 | +11.07% | Jul 9, 2024 |
| Raymond James | Raymond James | Hold → Buy Upgrades $60 | Hold → Buy | Upgrades | $60 | +19.00% | Jul 2, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $62 → $57 | Hold | Maintains | $62 → $57 | +13.05% | Jun 27, 2024 |
| Baird | Baird | Buy Maintains $72 → $68 | Buy | Maintains | $72 → $68 | +34.87% | Jun 20, 2024 |
Financial Forecast
Revenue This Year
3.37B
from 3.50B
Decreased by -3.88%
Revenue Next Year
3.64B
from 3.37B
Increased by 7.96%
EPS This Year
5.04
from 6.44
Decreased by -21.67%
EPS Next Year
6.06
from 5.04
Increased by 20.15%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.6B | 3.9B | 4.1B | 3.8B | 3.9B |
| Avg | 3.4B | 3.6B | 3.8B | 3.6B | 3.7B |
| Low | 3.2B | 3.4B | 3.6B | 3.5B | 3.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.7% | 14.7% | 11.8% | -1.3% | 7.8% |
| Avg | -3.9% | 8.0% | 4.6% | -5.1% | 3.7% |
| Low | -7.8% | 2.4% | -0.9% | -7.9% | 0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.62 | 6.93 | 7.77 | 6.22 | 6.56 |
| Avg | 5.04 | 6.06 | 6.93 | 5.98 | 6.31 |
| Low | 4.62 | 5.00 | 6.27 | 5.80 | 6.13 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -12.8% | 37.4% | 28.2% | -10.3% | 9.8% |
| Avg | -21.7% | 20.1% | 14.3% | -13.7% | 5.6% |
| Low | -28.3% | -0.9% | 3.5% | -16.2% | 2.4% |
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.