Commerce Bancshares (CBSH) : Traders are bullish on Commerce Bancshares (CBSH) as it has outperformed the S&P 500 by a wide margin of 5.32% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.95%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.28% in the last 1 week, and is up 5.1% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 2.76% and the fifty day Moving Average is 4.06%. Commerce Bancshares, Inc. is up 1.59% in the last three month period. Year-to-Date the stock performance stands at 17.97%.
Commerce Bancshares (CBSH) : The highest short term price target forecast on Commerce Bancshares (CBSH) is $51 and the lowest target price is $40. A total of 8 equity analysts are currently covering the company. The average price of all the analysts is $46.06 with a standard deviation of $3.57.
Commerce Bancshares (NASDAQ:CBSH): stock turned positive on Friday. Though the stock opened at $49.45, the bulls momentum made the stock top out at $49.85 level for the day. The stock recorded a low of $49.25 and closed the trading day at $49.7, in the green by 0.57%. The total traded volume for the day was 309,475. The stock had closed at $49.42 in the previous days trading.
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.