Comerica Incorporated (CMA)
NYSE: CMA · IEX Real-Time Price · USD
51.56
+0.90 (1.78%)
Apr 19, 2024, 4:00 PM EDT - Market closed
Comerica Stock Forecast
Stock Price Forecast
The 21 analysts with 12-month price forecasts for Comerica stock have an average target of 57.21, with a low estimate of 43 and a high estimate of 80. The average target predicts an increase of 10.96% from the current stock price of 51.56.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for Comerica stock from 24 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 4 | 4 | 6 |
| Buy | 5 | 4 | 3 | 3 | 3 | 3 |
| Hold | 8 | 9 | 10 | 11 | 11 | 13 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 20 | 20 | 20 | 20 | 20 | 24 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $53 → $54 | Hold | Maintains | $53 → $54 | +4.73% | Apr 19, 2024 |
| RBC Capital | RBC Capital | Buy Maintains $61 → $62 | Buy | Maintains | $61 → $62 | +20.25% | Apr 19, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $64 | Buy | Reiterates | $64 | +24.13% | Apr 19, 2024 |
| UBS | UBS | Hold Maintains $59 → $55 | Hold | Maintains | $59 → $55 | +6.67% | Apr 19, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Initiates $59 | Hold | Initiates | $59 | +14.43% | Apr 10, 2024 |
Financial Forecast
Revenue This Year
3.39B
from 3.50B
Decreased by -3.37%
Revenue Next Year
3.61B
from 3.39B
Increased by 6.59%
EPS This Year
5.27
from 6.44
Decreased by -18.21%
EPS Next Year
6.13
from 5.27
Increased by 16.29%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.6B | 3.9B | 4.1B | 4.0B | 4.1B |
| Avg | 3.4B | 3.6B | 3.8B | 3.8B | 4.0B |
| Low | 3.2B | 3.3B | 3.4B | 3.7B | 3.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 3.1% | 14.0% | 12.7% | 6.1% | 7.3% |
| Avg | -3.4% | 6.6% | 4.3% | 2.0% | 3.2% |
| Low | -8.3% | -2.4% | -6.5% | -1.0% | 0.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.12 | 6.88 | 8.05 | 7.08 | 7.34 |
| Avg | 5.27 | 6.13 | 6.94 | 6.81 | 7.06 |
| Low | 4.56 | 5.00 | 5.44 | 6.61 | 6.85 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -4.9% | 30.5% | 31.5% | 1.9% | 7.8% |
| Avg | -18.2% | 16.3% | 13.3% | -1.9% | 3.7% |
| Low | -29.2% | -5.1% | -11.2% | -4.8% | 0.6% |
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.