RBC Capital analyst Jon Arfstrom reiterated a Buy rating on Comerica Inc (NYSE: CMA) today and set a price target of $108. The company’s shares opened today at $91.86.
According to TipRanks.com, Arfstrom is a top 100 analyst with an average return of 30.3% and a 76.7% success rate. Arfstrom covers the Financial sector, focusing on stocks such as Old National Bancorp Capital, TCF Financial Corporation, and Texas Capital Bancshares.
Currently, the analyst consensus on Comerica Inc is a Moderate Buy with an average price target of $106, which is a 15.4% upside from current levels. In a report released today, Merrill Lynch also upgraded the stock to Buy with a $108 price target.
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The company has a one-year high of $102.66 and a one-year low of $64.04. Currently, Comerica Inc has an average volume of 1.63M.
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Comerica, Inc. engages in the provision of financial services. It operates through the following segments: Business Bank, Retail Bank, Wealth Management, Finance, and Other.
