A report released earlier today by Zacks Investment Research about Comerica Incorporated (NYSE:CMA) ups the target price to $78.00
- Updated: April 21, 2017
Boasting a price of $69.21, Comerica Incorporated (NYSE:CMA) traded 1.82% higher on the day. With the last stock price close up 7.41% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. Comerica Incorporated has recorded a 50-day average of $69.39 and a two hundred day average of $64.44. Volume of trade was up over the average, with 2,607,093 shares of CMA changing hands over the typical 1,682,220
In a report announced on 4/21/2017 Zacks Investment Research bumped up the price target of Comerica Incorporated (NYSE:CMA) to $78.00 reporting a potential upside of 0.13%.
On 4/20/2017, Deutsche Bank AG released a statement for Comerica Incorporated (NYSE:CMA) bumped up the target price from $70.00 to $74.00 that suggested an upside of 0.07%.
With a total market value of $0, Comerica Incorporated has price-earnings ratio of 25.82 with a one year low of $36.82 and a one year high of $75.00 .
A total of 27 equity analysts have released a ratings update on CMA. Two equity analysts rating the company a strong buy, four equity analysts rating the company a buy, twenty-two equity analysts rating the company a hold, two equity analysts rating the company a underperform, and finally one equity analyst rating the company a sell with a one year target of $43.19.
Brief Synopsis About Comerica Incorporated (NYSE:CMA)
Comerica Incorporated is a financial services company. The Company's principal activity is lending to and accepting deposits from businesses and individuals. The Company's segments include the Business Bank, the Retail Bank, Wealth Management, Finance and Other. The Business Bank serves middle market businesses, multinational corporations and governmental entities by offering various products and services, including commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, foreign exchange management services and loan syndication services. The Retail Bank includes small business banking and personal financial services, consisting of consumer lending, consumer deposit gathering and mortgage loan origination. The Wealth Management segment offers products and services consisting of fiduciary services, private banking, retirement services, investment advisory services, investment banking and brokerage services.
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