Commerce Bancshares Inc has a consensus price target of $59.22, established from looking at the 25 latest analyst ratings. The last 3 analyst ratings were released from Morgan Stanley, Keefe, Bruyette & Woods, and B of A Securities on February 7, 2024, January 19, 2024, and January 11, 2024. With an average price target of $55.33 between Morgan Stanley, Keefe, Bruyette & Woods, and B of A Securities, there's an implied 3.81% upside for Commerce Bancshares Inc from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
02/07/2024 | CBSH | Buy Now | Commerce Bancshares | $53.30 | 3.19% | Morgan Stanley | Manan Gosalia | $46 → $55 | Maintains | Equal-Weight | Get Alert |
01/19/2024 | CBSH | Buy Now | Commerce Bancshares | $53.30 | 5.07% | Keefe, Bruyette & Woods | Christopher Mcgratty | — | Maintains | Market Perform | Get Alert |
01/11/2024 | CBSH | Buy Now | Commerce Bancshares | $53.30 | 3.19% | B of A Securities | Brandon Berman | → $55 | Initiates | → Neutral | Get Alert |
12/04/2023 | CBSH | Buy Now | Commerce Bancshares | $53.30 | -13.7% | Morgan Stanley | Manan Gosalia | $46.67 → $46 | Maintains | Equal-Weight | Get Alert |
12/01/2023 | CBSH | Buy Now | Commerce Bancshares | $53.30 | -12.44% | Morgan Stanley | Manan Gosalia | $49 → $46.67 | Maintains | Equal-Weight | Get Alert |
10/20/2023 | CBSH | Buy Now | Commerce Bancshares | $53.30 | -4.32% | Piper Sandler | Nathan Race | $49.52 → $48.57 | Maintains | Neutral | Get Alert |
10/20/2023 | CBSH | Buy Now | Commerce Bancshares | $53.30 | -6.19% | Wells Fargo | Steven Shaw | $49.52 → $47.62 | Maintains | Equal-Weight | Get Alert |
09/27/2023 | CBSH | Buy Now | Commerce Bancshares | $53.30 | -8.07% | Morgan Stanley | Manan Gosalia | $45.71 → $46.67 | Upgrade | Underweight → Equal-Weight | Get Alert |
07/26/2023 | CBSH | Buy Now | Commerce Bancshares | $53.30 | -9.94% | Morgan Stanley | Betsy Graseck | $45.71 → $45.71 | Reiterates | Underweight → Underweight | Get Alert |
07/07/2023 | CBSH | Buy Now | Commerce Bancshares | $53.30 | -9.94% | Morgan Stanley | Betsy Graseck | $45.71 → $45.71 | Reiterates | Underweight → Underweight | Get Alert |
05/16/2023 | CBSH | Buy Now | Commerce Bancshares | $53.30 | -9.94% | Morgan Stanley | Betsy Graseck | $47.62 → $45.71 | Downgrade | Equal-Weight → Underweight | Get Alert |
04/06/2023 | CBSH | Buy Now | Commerce Bancshares | $53.30 | 14.45% | Keefe, Bruyette & Woods | Christopher Mcgratty | $68.57 → $58.1 | Maintains | Market Perform | Get Alert |
04/05/2023 | CBSH | Buy Now | Commerce Bancshares | $53.30 | -6.19% | Morgan Stanley | Betsy Graseck | $66.67 → $47.62 | Maintains | Equal-Weight | Get Alert |
04/05/2023 | CBSH | Buy Now | Commerce Bancshares | $53.30 | 12.57% | Wells Fargo | Steven Shaw | $61.9 → $57.14 | Maintains | Equal-Weight | Get Alert |
01/06/2023 | CBSH | Buy Now | Commerce Bancshares | $53.30 | 31.33% | Morgan Stanley | Manan Gosalia | $67.12 → $66.67 | Maintains | Equal-Weight | Get Alert |
12/07/2022 | CBSH | Buy Now | Commerce Bancshares | $53.30 | 32.23% | Morgan Stanley | Manan Gosalia | $70.48 → $67.12 | Maintains | Equal-Weight | Get Alert |
11/16/2022 | CBSH | Buy Now | Commerce Bancshares | $53.30 | 38.84% | Piper Sandler | Nathan Race | $62.58 → $67.12 | Maintains | Neutral | Get Alert |
03/21/2022 | CBSH | Buy Now | Commerce Bancshares | $53.30 | 31.33% | Wells Fargo | Jared Shaw | $54.42 → $63.5 | Upgrade | Underweight → Equal-Weight | Get Alert |
12/06/2021 | CBSH | Buy Now | Commerce Bancshares | $53.30 | 31.33% | Morgan Stanley | Ken Zerbe | $57.14 → $63.5 | Maintains | Underweight | Get Alert |
The latest price target for Commerce Bancshares (NASDAQ: CBSH) was reported by Morgan Stanley on February 7, 2024. The analyst firm set a price target for $55.00 expecting CBSH to rise to within 12 months (a possible 3.19% upside). 14 analyst firms have reported ratings in the last year.
The latest analyst rating for Commerce Bancshares (NASDAQ: CBSH) was provided by Morgan Stanley, and Commerce Bancshares maintained their equal-weight rating.
The last upgrade for Commerce Bancshares Inc happened on September 27, 2023 when Morgan Stanley raised their price target to $49. Morgan Stanley previously had an underweight for Commerce Bancshares Inc.
The last downgrade for Commerce Bancshares Inc happened on May 16, 2023 when Morgan Stanley changed their price target from $50 to $48 for Commerce Bancshares Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Commerce Bancshares, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Commerce Bancshares was filed on February 7, 2024 so you should expect the next rating to be made available sometime around February 7, 2025.
While ratings are subjective and will change, the latest Commerce Bancshares (CBSH) rating was a maintained with a price target of $46.00 to $55.00. The current price Commerce Bancshares (CBSH) is trading at is $53.30, which is within the analyst’s predicted range.
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