BMO Capital Markets set a C$33.00 target price on Canadian Western Bank (TSE:CWB) in a research report sent to investors on Thursday morning. The firm currently has a market perform rating on the stock.
CWB has been the subject of a number of other reports. National Bank Financial increased their target price on Canadian Western Bank from C$32.00 to C$35.00 and gave the company a sector perform rating in a research report on Tuesday, October 31st. Laurentian raised their price target on Canadian Western Bank from C$36.00 to C$39.00 and gave the stock a buy rating in a research report on Monday, October 2nd. Scotiabank upgraded Canadian Western Bank from a sector perform rating to an outperform rating and raised their price target for the stock from C$30.00 to C$33.00 in a research report on Friday, September 1st. TD Securities raised their price target on Canadian Western Bank from C$32.00 to C$36.00 and gave the stock a hold rating in a research report on Thursday, September 28th. Finally, CIBC raised their price target on Canadian Western Bank from C$31.00 to C$33.00 in a research 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 company. The company has an average rating of Hold and an average target price of C$34.83.
Canadian Western Bank (TSE:CWB) traded down C$0.06 during midday trading on Thursday, hitting C$35.31. The stock had a trading volume of 308,531 shares, compared to its average volume of 395,028. Canadian Western Bank has a 52-week low of C$23.68 and a 52-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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