Commerce Bancshares (CBSH, Financial) has retained its 'Equal-Weight' rating as per the latest report released by Wells Fargo analyst Timur Braziler. The financial institution remains consistent in its assessment, maintaining the same rating from its previous evaluation.
In a subtle yet significant development, analyst Timur Braziler has increased the price target for Commerce Bancshares (CBSH, Financial) from $60.00 to $62.00 USD. This adjustment reflects a 3.33% uptick from its prior target, suggesting a positive outlook within the set parameters.
The decision to raise the price target comes amidst ongoing analysis but maintains the 'Equal-Weight' status, indicating the stock's performance aligns with broader market expectations. Investors and market participants might interpret this raised price target as a signal for modest optimism while recognizing the unchanged rating position.
The latest report dated July 10, 2025, continues to spotlight Commerce Bancshares (CBSH, Financial) within the investment community, as adjustments in price targets could serve as essential indicators for market movements.
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 $66.58 with a high estimate of $71.00 and a low estimate of $60.00. The average target implies an upside of 2.04% from the current price of $65.25. 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 $67.38, suggesting a upside of 3.26% from the current price of $65.25. 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.
