Notable positive changes in fundamentals have recently occurred for Commerce Bancshares Inc (NASDAQ: CBSH): the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.
Commerce Bancshares Inc (NASDAQ: CBSH) has recently enjoyed meaningful positive changes in investment behavior: the stock rose on very heavy volume.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
CBSH is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Commerce Bancshares has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Commerce Bancshares has a neutral Appreciation Score of 45 but a good Power Rating of 82, producing the Positive Value Trend Rating.
Recent Price Action
On 8/28/24, Commerce Bancshares Inc (NASDAQ: CBSH) stock rose modestly by 0.9%, closing at $63.52. Moreover, exceptionally high trading volume at 367% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 3.3% during the last week.
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