CIBC traded at 153.34 this Friday May 15th, decreasing 0.33 or 0.21 percent since the previous trading session. Looking back, over the last four weeks, CIBC lost 4.06 percent. Over the last 12 months, its price rose by 65.40 percent. Looking ahead, we forecast CIBC to be priced at 150.15 by the end of this quarter and at 140.97 in one year, according to Trading Economics global macro models projections and analysts expectations.
Canadian Imperial Bank of Commerce (CIBC) is a global financial institution. CIBC serves its clients through four main business units: Canadian Personal and Small Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and Capital Markets. Canadian Personal and Small Business Banking provides personal and business clients with financial advice, products and services. Canadian Commercial Banking and Wealth Management provides relationship-oriented banking and wealth management services. U.S. Commercial Banking and Wealth Management provides relationship-oriented commercial, personal and small business banking, as well as wealth management services. Capital Markets provides integrated global markets products and services, investment banking advisory and execution, corporate banking solutions and research to corporate, government and institutional clients around the world.