UBS Reiterates Buy Rating on Comerica (CMA) On Relative Value

April 2, 2019 7:36 AM EDT
Get Alerts CMA Hot Sheet
Price: $68.66 -1.05%

Rating Summary:
    9 Buy, 23 Hold, 8 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 18 | Down: 11 | New: 8
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UBS analyst Brock Vandervliet reiterated a Buy rating and $100.00 price target on Comerica (NYSE: CMA) seeing the company as a value play trading at ~8.5x 2020E. The company's share price is up 11% YTD vs. 14% for the sector as well.

The analyst believes CMA is a low-cost option on any lift in economic sentiment or a steeper
curve and that intermediate term financial performance is solid.

For an analyst ratings summary and ratings history on Comerica click here. For more ratings news on Comerica click here.

Shares of Comerica closed at $76.08 yesterday.

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