Brokerage Firm Rating on Commerce Bancshares (CBSH)

Commerce Bancshares (CBSH) : Zacks Investment Research ranks Commerce Bancshares (CBSH) as 3, which is a Hold recommendation. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. A total of 8 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 9 research analysts is 3.11, which indicates as a Hold.

Commerce Bancshares (CBSH) : Currently there are 8 street experts covering Commerce Bancshares (CBSH) stock. The most bullish and bearish price target for the stock is $51 and $40 respectively for the short term. The average price target of all the analysts comes to $46.06. The estimated standard deviation from the target is $3.57.


Company shares have received an average consensus rating of Hold for the current week Commerce Bancshares (NASDAQ:CBSH): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $48.36 and $48.12 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $48.48. The buying momentum continued till the end and the stock did not give up its gains. It closed at $48.34, notching a gain of 0.39% for the day. The total traded volume was 266,145 . The stock had closed at $48.15 on the previous day.

In a related news, The officer (Senior Vice President), of Commerce Bancshares Inc /Mo/, Petrie Michael J had unloaded 206 shares at $47.36 per share in a transaction on July 28, 2016. The total value of transaction was $9,756. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Commerce Bancshares, Inc. is a bank holding company of Commerce Bank (the Bank). The Company operates through three segments: Consumer, Commercial and Wealth. The Consumer segment includes the retail branch network, consumer installment lending, personal mortgage banking, consumer debit and credit bank card activities. It provides services through a network of 195 branches, an automated teller machine (ATM) network of 392 machines, and the use of alternative delivery channels, such as online banking, mobile, and telephone banking services. The Commercial segment provides an array of corporate lending, merchant and commercial bank card products, leasing, and international services, as well as business and government deposit and cash management services. The Wealth segment provides trust and estate tax planning services, brokerage services, and advisory and discretionary investment portfolio management services to both personal and institutional corporate customers.

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