News coverage about Canadian Imperial Bank of Commerce (NYSE:CM) (TSE:CM) has been trending neutral on Friday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than 6,000 news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Canadian Imperial Bank of Commerce earned a media sentiment score of 0.33 on their scale. InfoTrie also assigned media coverage about the bank an news buzz score of 2 out of 10, indicating that recent media coverage is very unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the media stories that may have effected Canadian Imperial Bank of Commerce’s ranking:

NYSE CM opened at $84.16 on Friday. Canadian Imperial Bank of Commerce has a 12 month low of $72.96 and a 12 month high of $96.98. The firm has a market capitalization of $37.23 billion, a PE ratio of 9.01, a P/E/G ratio of 4.98 and a beta of 1.16. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.06 and a current ratio of 1.06.

The business also recently announced a quarterly dividend, which will be paid on Monday, April 29th. Stockholders of record on Thursday, March 28th will be paid a $1.0616 dividend. This is a boost from Canadian Imperial Bank of Commerce’s previous quarterly dividend of $1.03. This represents a $4.25 dividend on an annualized basis and a dividend yield of 5.05%. The ex-dividend date is Wednesday, March 27th. Canadian Imperial Bank of Commerce’s dividend payout ratio is currently 43.79%.

Several brokerages recently weighed in on CM. Zacks Investment Research cut Canadian Imperial Bank of Commerce from a “hold” rating to a “sell” rating in a research note on Monday, November 19th. ValuEngine cut Canadian Imperial Bank of Commerce from a “hold” rating to a “sell” rating in a research note on Friday, March 1st. Scotiabank reissued an “average” rating and issued a $126.00 target price on shares of Canadian Imperial Bank of Commerce in a research note on Friday, February 22nd. Barclays reissued an “average” rating and issued a $123.00 target price on shares of Canadian Imperial Bank of Commerce in a research note on Friday, March 1st. Finally, BMO Capital Markets reissued a “hold” rating on shares of Canadian Imperial Bank of Commerce in a research note on Friday, November 30th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $125.43.

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About Canadian Imperial Bank of Commerce

Canadian Imperial Bank of Commerce, a diversified financial institution, provides various financial products and services to personal, business, public sector, and institutional clients in Canada, the United States, and internationally. The company operates through four strategic business units: Canadian Personal and Small Business Banking; Canadian Commercial Banking and Wealth Management; U.S.

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