Canadian Western Bank (CWB) Given Average Recommendation of “Hold” by Analysts
Shares of Canadian Western Bank (TSE:CWB) have been assigned a consensus recommendation of “Hold” from the thirteen research firms that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is C$38.92.
Several brokerages have commented on CWB. CIBC upped their target price on shares of Canadian Western Bank from C$33.00 to C$37.00 in a research report on Tuesday, October 31st. Canaccord Genuity upped their target price on shares of Canadian Western Bank from C$29.00 to C$30.00 in a research report on Friday, September 1st. Barclays upped their target price on shares of Canadian Western Bank from C$31.00 to C$33.00 in a research report on Tuesday, November 14th. Desjardins upped their target price on shares of Canadian Western Bank from C$35.00 to C$37.00 in a research report on Friday, December 8th. Finally, CSFB upped their target price on shares of Canadian Western Bank from C$34.00 to C$37.00 in a research report on Friday, December 8th.
Canadian Western Bank (TSE:CWB) remained flat at $C$38.43 during mid-day trading on Monday. The company had a trading volume of 137,814 shares, compared to its average volume of 379,852. Canadian Western Bank has a 52 week low of C$23.68 and a 52 week high of C$38.59. The stock has a market cap of $3,400.00, a P/E ratio of 15.88 and a beta of 1.15.
In other news, insider James Jeffrey Bowling sold 1,500 shares of the stock in a transaction dated Monday, December 11th. The shares were sold at an average price of C$38.13, for a total transaction of C$57,195.00.
ILLEGAL ACTIVITY WARNING: “Canadian Western Bank (CWB) Given Average Recommendation of “Hold” by Analysts” was originally posted by American Banking News and is the sole property of of American Banking News. If you are reading this news story on another site, it was illegally copied and reposted in violation of United States and international copyright and trademark laws. The original version of this news story can be viewed at https://www.americanbankingnews.com/2017/12/25/canadian-western-bank-cwb-given-average-recommendation-of-hold-by-analysts.html.
About Canadian Western Bank
Canadian Western Bank (CWB) is a Canada-based bank engaged in offering a range of financial services. The Bank specializes in mid-market commercial banking, real estate and construction financing, and equipment financing and leasing. The Bank offers financing solutions through CWB Equipment Financing, National Leasing, CWB Maxium Financial, CWB Franchise Finance and CWB Optimum Mortgage, trust services through Canadian Western Trust and wealth advisory services through CWB Wealth Management.
Receive News & Ratings for Canadian Western Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Western Bank and related companies with MarketBeat.com's FREE daily email newsletter.