Comerica Incorporated – Consensus Says Potential 12.2% Increase

Comerica Incorporated found using ticker (CMA) now have 23 analysts covering the stock. Analyst consensus indicates a rating of “Hold”. The range between the high target price and the low target price is between 123 and 78 by calculating the average target price that we see 93.93. With the stock’s previous close at 83.74, this indicates that there is a potential upside of 12.2%. The 50-day moving average is now at 86.05 and the 200-day moving average is 76.26. The company’s market capitalization is $ 10,740 million. More information on: https://www.comerica.com

Comerica Incorporated, through its subsidiaries, offers a variety of financial products and services. It operates through the Commercial Banking, Retail Banking, Wealth Management and Finance segments. The Commercial Banking segment offers various products and services including commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, management services foreign exchange and loan syndication services for small and medium-sized businesses. , multinational corporations and government entities. The Retail Banking segment provides personal financial services, such as consumer lending, consumer deposit collection, and mortgage origination. This segment also offers a variety of consumer products, including deposit accounts, installment loans, credit cards, student loans, home equity lines of credit and residential mortgages, as well as commercial products and services to consumers. micro-enterprises. The Wealth Management segment provides products and services comprising fiduciary, private banking, pension, investment management and advisory services, as well as investment banking and brokerage services. It also sells annuity products, as well as life, disability and long-term care products. The Finance segment is responsible for the securities portfolio and asset and liability management activities. It operates in Texas, California, Michigan, Arizona, Florida and Canada. The company was previously called DETROITBANK Corporation and changed its name to Comerica Incorporated in July 1982. Comerica Incorporated was founded in 1849 and is headquartered in Dallas, Texas.