| Abbreviation |
Rating |
Description |
| Company Ratings |
| SO |
Sector Outperformer |
Stock is expected to outperform the sector during
the next 12-18 months. |
| SP |
Sector Performer |
Stock is expected to perform in line with the
sector during the next 12-18 months. |
| SU |
Sector Underperformer |
Stock is expected to underperform the sector during
the next 12-18 months. |
| NR |
Not Rated |
CIBC does not maintain an investment recommendation
on the stock. |
| R |
Restricted |
CIBCWM is restricted*** from rating the stock. |
| Company Ratings Prior To August 26th 2002 |
| SB |
Strong Buy |
Expected total return over 12 months of at least
25%. |
| B |
Buy |
Expected total return over 12 months of at least
15%. |
| H |
Hold |
Expected total return over 12 months of at least
0%-15%. |
| UP |
Underperform |
Expected negative total return over 12 months. |
| S |
Suspended |
Stock coverage is temporarily halted. |
| DR |
Dropped |
Stock coverage is discontinued. |
| R |
Restricted |
Restricted |
| UR |
Under Review |
Under Review |
| Sector Weightings** |
| O |
Overweight |
Sector is expected to outperform the broader market
averages. |
| M |
Market Weight |
Sector is expected to equal the performance of
the broader market averages. |
| U |
Underweight |
Sector is expected to underperform the broader
market averages. |
| NA |
None |
Sector rating is not applicable. |
**Broader market averages refer
to the S&P 500 in the U.S. and S&P/TSX
Composite in Canada.
"-S" indicates Speculative. An investment
in this security involves a high amount of risk
due to volatility and/or liquidity issues.