Commerce Bancshares Inc (CBSH) Receives a Sell from Morgan Stanley


Morgan Stanley analyst Ken Zerbe maintained a Sell rating on Commerce Bancshares Inc (CBSH) today and set a price target of $56. The company’s shares closed yesterday at $59.05.

According to TipRanks.com, Zerbe is a 4-star analyst with an average return of 9.9% and a 60.0% success rate. Zerbe covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Huntington Bancshares Inc, and People’s United Financial.

Commerce Bancshares Inc has an analyst consensus of Hold, with a price target consensus of $64.60.

See today’s analyst top recommended stocks >>

Based on Commerce Bancshares Inc’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $111 million. In comparison, last year the company had a net profit of $73.7 million.

Based on the recent corporate insider activity of 13 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.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts