Analysts Split on Canadian Bank of Commerce and Aon
Analysts have released new ratings on two financial companies, Canadian Bank of Commerce (CM) and Aon (AON).
In a report today, Matthew Lee from Canaccord Genuity maintained his Hold rating on CM. Lee is a 5-star analyst with an average return of 23.2% and a success rate of 68.9%. He covers the Financial sector, focusing on stocks such as National Bank of Canada, Toronto Dominion Bank, and Royal Bank Of Canada.
Canadian Bank of Commerce has an analyst consensus of Moderate Buy, with a price target consensus of $123.29, representing a 9.1% upside from current levels. KBW also initiated coverage with a Hold rating on the stock with a C$186.00 price target in a report issued on August 24.
In contrast, Joshua Shanker from Bank of America Securities reiterated his Sell rating on Aon (AON), with a price target of $339.00. The company's shares closed last Wednesday at $330.88. Shanker is also a 5-star analyst, boasting an average return of 6.9% and a success rate of 61.6%. He covers the Financial sector, focusing on stocks such as American International Group, Corebridge Financial, Inc., and Marsh & McLennan Companies.