Piper Sandler's analyst, Nathan Race, has increased the price target for Commerce Bancshares (CBSH, Financial) from $66.50 to $70, maintaining a Neutral rating on the stock. The firm's decision comes after CBSH posted unexpectedly strong second-quarter results, largely driven by a higher net interest margin. However, projections for the latter half of 2025 suggest a possible slowdown in net interest income growth. This anticipated deceleration could be attributed to certain one-time benefits experienced in the second quarter, a recently weakened loan pipeline, and reduced leverage on funding costs.
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 $68.00 with a high estimate of $73.00 and a low estimate of $62.00. The average target implies an upside of 6.50% from the current price of $63.85. 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 5.53% from the current price of $63.85. 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.
