CM Would Be Announcing Their Next Earnings On Thursday


CM would be bringing forth their quarterly data on Thursday soon after the market session is done and dusted. According to several analysts, the stocks of this firm will be putting up an EPS of C$2.77 for this quarter.

The Stocks of CM 

The company previously put up their quarterly results on the 3rd of December. CM had reported an EPS of C$2.79 for that quarter, which was more than the consensus estimate put forward by Thomson Reuters at around C$2.48. The revenue earned by the company during this period was C$4.60 billion, which was less than the estimate set at C$4.66 billion. 

The stocks of CM traded on Friday at C$114.6. The market cap of the firm has been fixed at C$51.31 billion, with a 13.96 PE ratio. The company has a year low of around C$67.52, with a year high set at C$115.15. The moving average price of the firm over fifty days has been fixed at C$111.93, while the moving average price of the firm over 200 days has been set at C$105.87. 

There have been quite a few research equities that have commented on the stocks of this company. Scotiabank has already increased the price target of CM from C$112 to C$139, in a 23rd November research report. Fundamental Research also increased their price target on the company from C$108.25 to C$117.46, with a rating of buy set on the firm. Credit Suisse Group also increased the price target of the firm which was issued in a 4th December research report. BMO Capital Markets also increased the price objective of this price objective from C$118 to C$124. 

One of the research investment analysts involved with the stocks of CM have a rating of hold, while four of them gave it a rating of buy. Currently, the company enjoys a buy rating, with a C$119.50.