Commerce Bancshares Inc (CBSH) Receives a Hold from Stephens

By Ryan Adsit

Stephens analyst Gordon McGuire maintained a Hold rating on Commerce Bancshares Inc (CBSHResearch Report) today and set a price target of $59.00. The company’s shares closed last Monday at $60.25.

According to, McGuire is a 2-star analyst with an average return of 2.4% and a 75.0% success rate. McGuire covers the Financial sector, focusing on stocks such as First Interstate Bancsystem, First Western Financial Inc, and Columbia Banking System.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Commerce Bancshares Inc with a $57.00 average price target.

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Commerce Bancshares Inc’s market cap is currently $6.61B and has a P/E ratio of 16.08. The company has a Price to Book ratio of 2.36.

Based on the recent corporate insider activity of 137 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CBSH in relation to earlier this year.

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Commerce Bancshares, Inc. operates as a bank holding company. Its provides electronic banking, deposit accounts, loans and credit lines, and mortgage loans. The company was founded in February 1968 and is headquartered in Nolensville, TN.