Stephens analyst Matt Olney maintained a Hold rating on Commerce Bancshares Inc (CBSH) today and set a price target of $65. The company’s shares closed yesterday at $59.72.
According to TipRanks.com, Olney is a 1-star analyst with an average return of -1.4% and a 41.8% success rate. Olney covers the Financial sector, focusing on stocks such as Spirit Of Texas Bancshares Inc, Business First Bancshares Inc, and Hancock Whitney Corporation.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Commerce Bancshares Inc with a $61.67 average price target, a 3.3% upside from current levels. In a report issued on January 10, Barclays also maintained a Hold rating on the stock with a $65 price target.
See today’s analyst top recommended stocks >>
Commerce Bancshares Inc’s market cap is currently $6.68B and has a P/E ratio of 16.41. The company has a Price to Book ratio of 2.51.
Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is negative on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Commerce Bancshares, Inc. operates as a bank holding company for Commerce Bank. It provides general banking services, such as retail, corporate, investment, trust, and asset management products and services to individuals and businesses. The company operates through the following business segments: Consumer, Commercial and Wealth.
