D.A. Davidson analyst Gary Tenner maintained a Hold rating on Comerica Inc (CMA) today and set a price target of $85. The company’s shares opened today at $79.29.
According to TipRanks.com, Tenner is a 5-star analyst with an average return of 18.3% and a 75.9% success rate. Tenner covers the Financial sector, focusing on stocks such as Banc of California, Simmons 1st Nat’l, and Preferred Bank.
Comerica Inc has an analyst consensus of Moderate Buy, with a price target consensus of $89.15, a 12.4% upside from current levels. In a report issued on April 4, Goldman Sachs also downgraded the stock to Hold with a $84 price target.
See today’s analyst top recommended stocks >>
Based on Comerica Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $954 million and net profit of $308 million. In comparison, last year the company earned revenue of $825 million and had a net profit of $279 million.
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.
Comerica, Inc. engages in the provision of financial services. It operates through the following segments: Business Bank, Retail Bank, Wealth Management, Finance, and Other.
