TSX:CMBanks
Is Canadian Imperial Bank of Commerce (TSX:CM) Pricing Reflect Its Strong Multi‑Year Share Performance
If you are wondering whether Canadian Imperial Bank of Commerce is fairly priced or offering value right now, its recent share performance and fundamentals give you a lot to work with.
The stock last closed at C$129.78, with returns of 0.2% over 7 days, 2.0% over 30 days, 2.8% year to date, 53.3% over 1 year and 189.9% over 5 years. This naturally raises questions about how much of this is already reflected in the current price.
Recent coverage around Canadian Imperial Bank of Commerce has...