Evaluating Comerica: Insights From 16 Financial Analysts
Portfolio Pulse from Benzinga Insights
Comerica (NYSE:CMA) received mixed ratings from 16 financial analysts in the past three months, with an average 12-month price target of $53.03, reflecting an 8.05% increase from the previous target. Analysts' actions include raising, maintaining, and lowering ratings and price targets, indicating varied perspectives on Comerica's performance. The company faces challenges with a revenue decline of -9.04% over 3 months but shows strong financial health with a high net margin of 27.23% and an ROE of 4.99%. However, its ROA and high debt-to-equity ratio suggest areas of concern.
January 05, 2024 | 6:00 pm
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Comerica received mixed analyst ratings with an updated average 12-month price target of $53.03. Despite a revenue decline, the company maintains a strong net margin and ROE, but faces challenges with a low ROA and high debt-to-equity ratio.
The mixed analyst ratings and the increase in the average price target suggest a neutral short-term impact on CMA's stock price. The strong net margin and ROE are positive indicators, while the revenue decline and high debt levels could be seen as negative factors. The overall impact is balanced, leading to a neutral score.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100