Comerica Incorporated (CMA)
NYSE: CMA · Real-Time Price · USD
67.88
+0.11 (0.16%)
Nov 20, 2024, 4:00 PM EST - Market closed
Comerica Stock Forecast
Stock Price Forecast
The 22 analysts with 12-month price forecasts for Comerica stock have an average target of 64.32, with a low estimate of 52 and a high estimate of 80. The average target predicts a decrease of -5.24% from the current stock price of 67.88.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 3 | 3 | 3 | 2 | 2 |
| Buy | 3 | 4 | 4 | 6 | 6 | 6 |
| Hold | 13 | 13 | 12 | 9 | 11 | 12 |
| Sell | 3 | 3 | 3 | 3 | 4 | 3 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 23 | 23 | 22 | 21 | 23 | 23 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Baird | Baird | Buy Maintains $75 → $80 | Buy | Maintains | $75 → $80 | +17.86% | Nov 18, 2024 |
| Wells Fargo | Wells Fargo | Sell → Hold Upgrades $51 → $73 | Sell → Hold | Upgrades | $51 → $73 | +7.54% | Nov 15, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $64 → $69 | Hold | Maintains | $64 → $69 | +1.65% | Oct 30, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $63 → $71 | Strong Buy | Maintains | $63 → $71 | +4.60% | Oct 22, 2024 |
| Morgan Stanley | Morgan Stanley | Hold Maintains $63 → $67 | Hold | Maintains | $63 → $67 | -1.30% | Oct 21, 2024 |
Financial Forecast
Revenue This Year
3.31B
Revenue Next Year
3.48B
from 3.31B
Increased by 5.32%
EPS This Year
5.13
from 6.44
Decreased by -20.31%
EPS Next Year
5.54
from 5.13
Increased by 7.87%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.5B | 3.7B | 4.1B | ||
| Avg | 3.3B | 3.5B | 3.6B | ||
| Low | 3.2B | 3.3B | 3.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | - | 12.5% | 17.2% | ||
| Avg | - | 5.3% | 3.9% | ||
| Low | - | -0.8% | -3.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.70 | 6.46 | 7.33 | ||
| Avg | 5.13 | 5.54 | 6.36 | ||
| Low | 4.63 | 4.76 | 5.44 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -11.5% | 25.8% | 32.4% | ||
| Avg | -20.3% | 7.9% | 14.9% | ||
| Low | -28.2% | -7.2% | -1.8% |
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.