Analyst Ratings for Comerica Inc. (CMA)

Updated: 2017-07-26

Shares of Comerica Inc. (NYSE:CMA) have received a consensus rating of Hold from Wall Street analysts. About 30 days ago, CMA was issued an average rating of Hold.

7 analysts declared CMA a buy, 1 issued an overweight rating, 19 issued a hold rating, 0 gave an underweight rating, and 2 gave a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an decrease of 1 in the number of analysts with a negative outlook on the stock.

A number of analysts gave price targets for CMA. The maximum price target given was 84, implying a possible profit of 14.74 percent. The most pessimistic analyst gave a price target of 61, implying potential capital losses of -16.68 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 3.94 percent. That number becomes 6.25 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 3.78 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 4.6 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 6 analysts have revised their quarterly estimates upwards in the past 30 days, while 2 analysts revised their estimates downwards. Also over the last month, 6 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

The growth rate of CMA's earnings is estimated by analysts to be 16.99 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of CMA is 1.07.

CMA has traded between a high of 75.72 and a low of 43.74 over the past year. The current market price is above the trailing year's low by 67.38 percent, and 3.31 percent lower than its 52-week high. CMA has a P/E ratio of 18.25. Investors typically compare the P/E ratio to a company's peers in the industry. The CMA value stock report compares CMA to some of its peers using value stock charts. The market cap of CMA is $13.05 billion. CMA is estimated to release their earnings results for the quarter on 0000-00-00, days from today.