A price target of the Commonwealth Bank of Australia (ASX: CBA) share price can be equal parts art and science. That said, the research and valuation process is arguably the most crucial part of successful investing and should not be neglected.

Let’s take a look at how we could value CBA shares.

Commonwealth Bank of Australia, or CBA for short, is Australia’s largest bank, with a leading market share of mortgages (20%+), credit cards (25%+) and personal loans. It has over 15 million customers with most of them in Australia. Basically, it is entrenched in the Australian payments ecosystem and financial marketplace. 

CBA share price

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