Discussion stirs around Comerica Incorporated (NYSE:CMA) this week; here is what analysts are saying.

July 27, 2018 - By Billy Entrekin

Comerica Incorporated (NYSE:CMA) LogoInvestors sentiment decreased to 0.99 in Q1 2018. Its down 0.01, from 1 in 2017Q4. It dived, as 43 investors sold Comerica Incorporated shares while 172 reduced holdings. 73 funds opened positions while 139 raised stakes. 135.88 million shares or 2.26% less from 139.03 million shares in 2017Q4 were reported.
Cornercap Invest Counsel accumulated 10,678 shares. Glob X Ltd owns 8,188 shares. Amp Capital owns 127,987 shares. Soros Fund Mngmt Limited Com reported 238,169 shares stake. Amer Natl Insur Tx stated it has 0.09% in Comerica Incorporated (NYSE:CMA). Mackenzie Fin Corporation invested in 0.03% or 128,888 shares. Usca Ria Ltd Limited Liability Company reported 0.33% in Comerica Incorporated (NYSE:CMA). Calamos Advsr Limited Liability Company holds 2,190 shares. Royal Savings Bank Of Canada reported 940,608 shares stake. Systematic Mgmt Ltd Partnership holds 0.39% in Comerica Incorporated (NYSE:CMA) or 183,773 shares. Ohio-based Keybank Association Oh has invested 0.18% in Comerica Incorporated (NYSE:CMA). Livforsakringsbolaget Skandia Omsesidigt holds 2,689 shares. Ontario – Canada-based Barometer Cap Incorporated has invested 0.98% in Comerica Incorporated (NYSE:CMA). Affinity Investment Ltd Llc has 25,920 shares. Eqis Capital Management holds 0.06% or 12,921 shares.

Since February 2, 2018, it had 0 insider purchases, and 9 sales for $19.66 million activity. On Friday, May 11 BABB RALPH W JR sold $4.91M worth of Comerica Incorporated (NYSE:CMA) or 50,000 shares. Carr Muneera S sold $230,560 worth of Comerica Incorporated (NYSE:CMA) on Monday, February 26. The insider RITCHIE MICHAEL T sold $397,808. Shares for $463,258 were sold by Burkhart Megan D on Tuesday, February 27.

Comerica Incorporated (NYSE:CMA) Ratings Coverage

Among 16 analysts covering Comerica Inc (NYSE:CMA), 11 have Buy rating, 1 Sell and 4 Hold. Therefore 69% are positive. Comerica Inc had 33 analyst reports since February 8, 2018 according to SRatingsIntel. The firm has “Buy” rating by Wedbush given on Wednesday, April 18. The firm has “Buy” rating by FBR Capital given on Wednesday, July 25. The firm earned “Equal-Weight” rating on Friday, July 20 by Morgan Stanley. On Thursday, July 26 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. The firm has “Buy” rating given on Wednesday, July 25 by Bank of America. On Monday, April 9 the stock rating was upgraded by Wedbush to “Outperform”. BMO Capital Markets maintained the stock with “Outperform” rating in Wednesday, April 18 report. BMO Capital Markets upgraded Comerica Incorporated (NYSE:CMA) on Thursday, February 8 to “Buy” rating. RBC Capital Markets maintained the shares of CMA in report on Tuesday, April 17 with “Buy” rating. Citigroup maintained the stock with “Sell” rating in Friday, July 20 report. Below is a list of Comerica Incorporated (NYSE:CMA) latest ratings and price target changes.

26/07/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $108 New Target: $111 Maintain
25/07/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $108 New Target: $109 Maintain
25/07/2018 Broker: BMO Capital Markets Old Rating: Outperform New Rating: Outperform Old Target: $106 New Target: $109 Maintain
25/07/2018 Broker: FBR Capital Old Rating: Buy New Rating: Buy Old Target: $110 New Target: $113 Maintain
25/07/2018 Broker: Wedbush Old Rating: Outperform New Rating: Outperform Old Target: $111 New Target: $112 Maintain
20/07/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $105 New Target: $108 Maintain
20/07/2018 Broker: Citigroup Old Rating: Sell New Rating: Sell Old Target: $84 New Target: $88 Maintain
18/07/2018 Broker: Evercore Old Rating: In-Line New Rating: Outperform Upgrade
18/07/2018 Broker: RBC Capital Markets Old Rating: Outperform New Rating: Outperform Old Target: $106 New Target: $108 Maintain
14/06/2018 Broker: Wells Fargo Old Rating: Market Perform New Rating: Market Perform Old Target: $96 New Target: $100 Maintain

The stock decreased 0.88% or $0.85 during the last trading session, reaching $95.25. About 1.40 million shares traded. Comerica Incorporated (NYSE:CMA) has risen 41.54% since July 27, 2017 and is uptrending. It has outperformed by 28.97% the S&P500.

Comerica Incorporated, through its subsidiaries, provides various financial services and products. The company has market cap of $16.28 billion. The firm operates through three divisions: Business Bank, Retail Bank, and Wealth Management. It has a 20.65 P/E ratio. The Business Bank segment offers various services and products, such as commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, foreign exchange management, and loan syndication services to middle market businesses, multinational firms, and governmental entities.

More news for Comerica Incorporated (NYSE:CMA) were recently published by: Seekingalpha.com, which released: “Exceptional Rate Leverage Continues To Drive Comerica” on July 19, 2018. Seekingalpha.com‘s article titled: “Banks again lead the way in expected dividend hikes” and published on July 20, 2018 is yet another important article.

Comerica Incorporated (NYSE:CMA) Institutional Positions Chart

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