Comerica Inc Stock Forecast:
Based on 26 analysts’ forecasts, the average target price for Comerica Inc over the next 12 months is USD 75.10, and the average analyst rating is Buy. However, Stock Target Advisor‘s own analysis suggests a slightly bearish outlook based on 4 positive signals and 6 negative signals. The last closing price for Comerica Inc’s stock was USD 45.80, which is up 2.97% over the past week and 2.76% over the past month, but down 47.42% over the last year.
Analysts Coverage Change:
- Citigroup maintains a “Buy” rating for Comerica Inc., and lowers the price target to $55 from $90 on the company’s stock. on the stock.
- Robert W. Baird & Co. maintains an “Outperform” rating for Comerica Inc., and lowers the price target to $80 from $90.
Positive Fundamentals:
Comerica Inc. stock has superior total returns, outperforming its sector peers on average annual total returns basis in the past 5 years and is in the top quartile. It also has high dividend returns, outperforming its sector peers on average annual dividend returns basis in the past 5 years and is in the top quartile. Additionally, the company has superior return on equity in the most recent 4 quarters compared to its peers and positive total cash flow in the most recent four quarters. Overall, this stock can be a good buy for investors seeking high income yields and strong financial performance.
Negative Fundamentals:
Comerica Inc. stock has several concerning aspects for potential investors. Firstly, it has high volatility, with total returns fluctuating significantly over the past 5 years. The stock is also overpriced compared to its peers on a price to book value and price to cash flow basis, so investors should exercise caution before buying. Additionally, the company has shown below median growth in earnings, revenue, and dividends over the previous 5 years compared to its sector.
FA Score (Fundamental Analysis):
The fundamental analysis of Comerica Inc. stock is “Slightly Bearish” with a FA score of 4 out of 10, where 0 is very bearish and 10 is very bullish.
