$150 a pop: Would I still buy CBA shares as they hit all-time highs?

Not so fast

The Commonwealth Bank of Australia (CBA) share price has hit an all-time high of $150.00 this week. The rise has been driven by a number of factors, including the bank's strong financial performance, the low interest rate environment, and the positive outlook for the Australian economy.

However, some analysts are warning that the CBA share price may be overvalued. They point to the fact that the bank's earnings growth has slowed in recent quarters, and that the low interest rate environment is not sustainable in the long term.

What the experts say

The experts are divided on whether the CBA share price is overvalued. Some analysts believe that the bank's shares are still a good buy, while others are warning that they may be due for a коррекция.

Macquarie

Macquarie analysts have a "neutral" rating on CBA shares. They believe that the bank's shares are fairly valued at current levels, but they see limited upside potential in the short term.

Citi

Citi analysts have a "sell" rating on CBA shares. They believe that the bank's shares are overvalued and that they are due for a коррекция.

UBS

UBS analysts have a "buy" rating on CBA shares. They believe that the bank's shares are still a good buy, despite the recent rise in price.

What to do now

If you are considering buying CBA shares, it is important to weigh the pros and cons carefully. The bank has a strong financial track record and a positive outlook for the future, but the share price may be overvalued at current levels.

Ultimately, the decision of whether or not to buy CBA shares is a personal one. You should consider your own financial situation and investment goals before making a decision.

Conclusion

The CBA share price has hit an all-time high, but some analysts are warning that the shares may be overvalued. If you are considering buying CBA shares, it is important to weigh the pros and cons carefully.