Will the Commonwealth Bank share price retreat from highs in 2022?
At the time of writing (22 November), the Commonwealth Bank stock forecast from data provider Trading Economics predicted the CBA share price to retreat from the highs, ending 2022 at A$103.01 a share and sliding to A$95.00 in a year’s time, based on global macro models projections and analysts’ expectations.
Should you buy shares in Commonwealth Bank?
Purchasing shares in the Commonwealth Bank or any other publicly listed company doesn’t guarantee you a profit. So, always make sure you have a buffer of emergency savings in case an investment doesn’t put you in the financial position you had planned on. 5. Place an Order for Commonwealth Bank Shares
How much does a CommBank share cost?
Since then, CBA shares have regained ground, and at the time of writing a single share cost approximately $97 (just topping the pre-COVID share price). In its mid-financial year results to December 2022, CommBank reported a profit of $5.15 billion.
What is Commonwealth Bank of Australia?
As of Aug 11 2023. Values delayed up to 15 minutes Commonwealth Bank of Australia is a provider of integrated financial services. The Company provides retail and commercial banking services predominantly in Australia and in New Zealand through its subsidiary, ASB. It serves approximately 16 million customers.
