Canadian Western Bank (TSE:CWB) had its price target upped by equities research analysts at CIBC from C$37.00 to C$42.00 in a note issued to investors on Monday. CIBC’s price target suggests a potential upside of 22.84% from the stock’s previous close.
CWB has been the topic of a number of other reports. National Bank Financial lifted their price target on Canadian Western Bank from C$32.00 to C$35.00 and gave the company a “sector perform” rating in a report on Tuesday, October 31st. Laurentian lifted their price target on Canadian Western Bank from C$36.00 to C$39.00 and gave the company a “buy” rating in a report on Monday, October 2nd. Scotiabank upgraded Canadian Western Bank from a “sector perform” rating to an “outperform” rating and lifted their price target for the company from C$30.00 to C$33.00 in a report on Friday, September 1st. TD Securities lifted their price target on Canadian Western Bank from C$32.00 to C$36.00 and gave the company a “hold” rating in a report on Thursday, September 28th. Finally, BMO Capital Markets lifted their price target on Canadian Western Bank from C$28.00 to C$29.00 and gave the company a “market perform” rating in a report on Friday, September 1st. Seven research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of C$34.52.
Canadian Western Bank (TSE CWB) opened at C$34.19 on Monday. Canadian Western Bank has a fifty-two week low of C$23.68 and a fifty-two week high of C$37.36.
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Canadian Western Bank Company Profile
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.
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