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Zacks Investment Research downgraded Commerce Bancshares, Inc. (NASDAQ:CBSH) to Sell in a report released today.

Zacks Investment Research has downgraded Commerce Bancshares, Inc.(NASDAQ:CBSH) to Sell in a statement released on 9/19/2016.

Previously on 4/12/2016, Jefferies & Co released a statement about Commerce Bancshares, Inc.(NASDAQ:CBSH) lowered the target price from $46.00 to $44.00. At the time, this suggested a downside of 0.00%.

Just yesterday Commerce Bancshares, Inc. (NASDAQ:CBSH) traded 0.70% higher at $48.89. The company’s 50-day average is $48.91 and its two hundred day moving average is $47.18. With the last close up 4.02% from the 200-day average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the same time. Volume of trade was was down over the average, with 111,765 shares of CBSH changing hands under the typical 400,420 shares..

Recent Performance Graphic:

Commerce Bancshares, Inc. (NASDAQ:CBSH)

With a total market value of $0.0, Commerce Bancshares, Inc. has a P/E of 19 with a 52 week low of $37.44 and a 52 week high of $51.30.

Also covering Commerce Bancshares, Inc.’s price target, a total of 8 equity analysts have released a ratings update on the stock. The one year target price is $43.63 with 0 rating the stock a strong buy, 0 rating the stock a buy, eight analyts rating the stock a hold, one brokerage rating the company to underperform, and lastly 0 brokeragesrating the stock as sell.

General Information About Commerce Bancshares, Inc. (NASDAQ:CBSH)

Commerce Bancshares, Inc. is a bank holding company of Commerce Bank (the Bank). The Bank is engaged in general banking business, providing a range of retail, corporate, investment, trust and asset management products and services to individuals and businesses. The Company operates through three segments: Consumer, Commercial and Wealth. Its Consumer segment includes the retail branch network, consumer installment lending, personal mortgage banking, and consumer debit and credit bank card activities. Its Commercial segment provides corporate lending (including the Small Business Banking product line within the branch network), leasing, international services, and business, government deposit, and related commercial cash management services, as well as merchant and commercial bank card products. Its Wealth segment provides traditional trust and estate tax planning, advisory and discretionary investment management, and and brokerage services.

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