Comerica Incorporated (CMA) Received $54.80 Average Target Price from Analysts

Adjust Comment Print

When we divide the last trade volume by the 3-month average volume, we found out a relative volume of 0.86. About 40,161 shares traded. Intel Corporation (NASDAQ:INTC) has risen 44.65% since April 14, 2017 and is uptrending. It has outperformed by 22.84% the S&P500.

Clint Carlson decreased its stake in Comerica Inc (CMA) by 7.87% based on its latest 2017Q4 regulatory filing with the SEC. Zeke Capital Advisors LLC bought a new position in shares of Comerica during the 3rd quarter valued at about $200,000. Royal Bank of Canada reiterated a "buy" rating and issued a $103.00 price objective on shares of Comerica in a research report on Wednesday, January 17th. The company has a market capitalization of $17,018.65, a PE ratio of 20.31, a price-to-earnings-growth ratio of 1.46 and a beta of 1.38. The stock decreased 2.45% or $2.41 during the last trading session, reaching $96.07. The company's market cap is $17.54 Billion, and the average volume is 1.55 Million. On Tuesday, January 16 Susquehanna maintained Comerica Incorporated (NYSE:CMA) with "Hold" rating. The stock outperformed the S&P 500 by 29.96%.

CMA registered $26.49 million net activity with 0 insider buys and 12 selling transactions since January 18, 2018.

In other news, EVP Megan D. Burkhart sold 4,670 shares of the firm's stock in a transaction that occurred on Wednesday, February 28th. The stock was sold at an average price of $99.20, for a total value of $463,264.00. Shares for $397,808 were sold by RITCHIE MICHAEL T on Monday, February 26. Systematic Finance Mgmt Limited Partnership has invested 1.02% in Comerica Incorporated (NYSE:CMA).

During Q4 2017 the big money sentiment decreased to 1. It worsened, as 42 investors sold HON shares while 490 reduced holdings. 135 increased holdings while 69 funds amassed holdings. The financial services provider reported $1.28 EPS for the quarter, topping analysts' consensus estimates of $1.25 by $0.03.

Comerica Incorporated (NYSE:CMA) has earned an average rating of "Hold" from the twenty-five ratings firms that are now covering the stock. Hollencrest Mngmt invested in 19,660 shares or 0.03% of the stock. Ameritas Invest Inc has invested 0.02% of its portfolio in Comerica Incorporated (NYSE:CMA). Farmers & Merchants accumulated 0% or 81 shs. Credit Suisse Ag holds 233,474 shares or 0.02% of its portfolio. Focused Wealth Inc accumulated 2,942 shares. Livforsakringsbolaget Skandia Omsesidigt invested 0.02% of its capital in Comerica Incorporated (NYSE:CMA). Longer Investments reported 2.08% of its portfolio in Intel Corporation (NASDAQ:INTC). Riverhead Llc has 0.12% invested in Comerica Incorporated (NYSE:CMA). Novare Capital Mgmt Limited Liability Com accumulated 80,335 shares. D Scott Neal Incorporated has invested 0.02% in Honeywell International Inc. Pzena Inv Ltd Co holds 716,953 shs.

Among 24 analysts covering Comerica Inc (NYSE:CMA), 13 have Buy rating, 1 Sell and 10 Hold. Therefore 53% are positive. Comerica Inc had 135 analyst reports since July 20, 2015 according to SRatingsIntel. As per Friday, August 25, the company rating was maintained by Robert W. Baird. Zacks Investment Research downgraded shares of Comerica from a "buy" rating to a "hold" rating in a report on Tuesday, March 13th. On Friday, January 5 the stock has "Buy" rating by Instinet. Three analysts have rated the stock with a sell rating, ten have given a hold rating and fourteen have given a buy rating to the company. As per Monday, March 5, the company rating was maintained by Piper Jaffray. Canaccord Genuity has "Buy" rating and $43 target. On Monday, March 5 the stock rating was maintained by Sandler O'Neill with "Hold". The firm has "Hold" rating given on Monday, January 8 by SunTrust. The stock of Comerica Incorporated (NYSE:CMA) has "Neutral" rating given on Friday, October 7 by Wedbush. As per Tuesday, October 17, the company rating was maintained by RBC Capital Markets. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.00 and a quick ratio of 1.00. It fall, as 9 investors sold CHDN shares while 65 reduced holdings. 2 funds opened positions while 5 raised stakes. Gradient Ltd Limited Liability Company reported 0% stake. Bnp Paribas Arbitrage owns 18,159 shares. The institutional investor held 299,192 shares of the company at the end of 2017Q4, valued at $3.56 million, up from 166,364 at the end of the previous reported quarter. Stockholders of record on Thursday, March 15th will be given a dividend of $0.30 per share. Principal Fin holds 60,223 shares. Metropolitan Life Insur Company owns 10,731 shares or 0.01% of their United States portfolio. Services Automobile Association holds 0.02% of its portfolio in Banner Corporation (NASDAQ:BANR) for 124,000 shares. Lakeview Cap Ltd owns 9,658 shares. 4,468 are owned by Hodges Cap Management. Banc Funds, a Illinois-based fund reported 26,216 shares. Ahl Ptnrs Ltd Liability Partnership owns 29,185 shares for 0.11% of their portfolio. Capital Fund Sa holds 0.18% or 376,460 shares. On Thursday, February 8 the firm has "Buy" rating given by BMO Capital Markets. The firm earned "Sell" rating on Tuesday, January 2 by Barclays Capital. The company was maintained on Tuesday, July 18 by Stephens. Robinson Capital Management Llc bought 132,828 shares as the company's stock declined 5.59% with the market. The firm has "Neutral" rating given on Thursday, September 22 by JP Morgan. During the same period last year, the business posted $0.92 earnings per share. equities analysts forecast that Comerica will post 6.75 EPS for the current fiscal year. They expect $1.52 earnings per share, up 49.02% or $0.50 from last year's $1.02 per share. CHDN's profit will be $14.30M for 54.40 P/E if the $1.08 EPS becomes a reality. Comerica Inc had 46 analyst reports since October 18, 2017 according to SRatingsIntel.

Robinson Capital Management Llc increased its stake in Deutsche Mun Income (KTF) by 79.84% based on its latest 2017Q4 regulatory filing with the SEC. Another trade for 11,293 shares valued at $1.08 million was sold by Duprey David E.