Wells Fargo has revised its price target for Commerce Bancshares (CBSH, Financial), increasing it from $62 to $69, while maintaining an Equal Weight rating on the stock. The adjustment is based on the company's consistent strong performance and another quarter of exceeding expectations. Despite this, Wells Fargo notes that earnings per share (EPS) growth may not pick up until the latter half of 2026 due to factors such as limited opportunities for repricing deposits, expected interest rate cuts, and the impact of the FNBT acquisition. The firm remains cautious due to the stock's premium valuation.
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 $69.17 with a high estimate of $73.00 and a low estimate of $66.00. The average target implies an upside of 7.02% from the current price of $64.63. 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 $66.78, suggesting a upside of 3.33% from the current price of $64.63. 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.
