Morgan Stanley has revised its price target for Commerce Bancshares (CBSH, Financial), increasing it from $58 to $61, while maintaining an Equal Weight rating on the stock. The financial firm has adjusted its earnings per share (EPS) forecast for 2026 upward by 5% to $4.50, factoring in the acquisition of FineMark National Bank & Trust. Additionally, Morgan Stanley anticipates revenue synergies, particularly in wealth management fees and loan growth, to start impacting results in 2027. Consequently, they have also increased the 2027 EPS estimate by 6% to $4.80.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for Commerce Bancshares Inc (CBSH, Financial) is $65.67 with a high estimate of $70.00 and a low estimate of $60.00. The average target implies an upside of 7.97% from the current price of $60.82. More detailed estimate data can be found on the Commerce Bancshares Inc (CBSH) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, Commerce Bancshares Inc's (CBSH, Financial) average brokerage recommendation is currently 3.0, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Commerce Bancshares Inc (CBSH, Financial) in one year is $64.77, suggesting a upside of 6.49% from the current price of $60.82. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Commerce Bancshares Inc (CBSH) Summary page.
