On Wednesday FBR & Co. reiterated its broker consensus on shares of Comerica Inc (NYSE:CMA) giving the company a ‘Mkt Perform’ rating.
FBR & Co. gave shares of Comerica Inc a price target of 52 indicating a potential increase of 1.5% from Comerica Inc’s current price of 51.23.
In the prior 12 months Comerica Inc’s stock price has increased by 24.62% from 41.11 to 51.23.
Comerica Inc has 173,902,000 shares in issue which have a share price of 51.23 giving Comerica Inc a market capitalisation of 8.91B USD .
The 52 week high of Comerica Inc’s shares is 51.37 whilst the 52 week low for the company’s shares is 30.48. The 50 day moving average of NYSE:CMA is 47.36 and the 200 day moving average is 44.43.
Comerica Incorporated is a financial services company. The Company’s principal activity is lending to and accepting deposits from businesses and individuals. The Company’s segments include the Business Bank, the Retail Bank, Wealth Management, Finance and Other. The Business Bank serves middle market businesses, multinational corporations and governmental entities by offering various products and services, including commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, foreign exchange management services and loan syndication services. The Retail Bank includes small business banking and personal financial services, consisting of consumer lending, consumer deposit gathering and mortgage loan origination. The Wealth Management segment offers products and services consisting of fiduciary services, private banking, retirement services, investment advisory services, investment banking and brokerage services.