Canadian Western Bank (OTCMKTS:CBWBF) Given Average Rating of “Moderate Buy” by Analysts

Shares of Canadian Western Bank (OTCMKTS:CBWBFGet Rating) have received an average rating of “Hold” from the ten research firms that are presently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $34.71.

Several research firms recently weighed in on CBWBF. Desjardins dropped their target price on shares of Canadian Western Bank from C$36.00 to C$33.00 in a report on Monday, August 29th. Royal Bank of Canada dropped their price target on shares of Canadian Western Bank from C$38.00 to C$35.00 in a research note on Monday, August 29th. Scotiabank downgraded shares of Canadian Western Bank from an “outperform” rating to a “sector perform” rating in a research note on Monday, August 29th. National Bank Financial upgraded shares of Canadian Western Bank from a “sector perform” rating to an “outperform” rating in a research note on Monday, May 16th. Finally, BMO Capital Markets dropped their price target on shares of Canadian Western Bank from C$39.50 to C$35.00 in a research note on Monday, August 29th.

Canadian Western Bank Trading Up 2.0 %

Canadian Western Bank stock opened at $18.57 on Monday. Canadian Western Bank has a fifty-two week low of $18.19 and a fifty-two week high of $33.05. The firm has a 50 day moving average price of $19.92 and a 200 day moving average price of $23.81.

About Canadian Western Bank

(Get Rating)

Canadian Western Bank provides personal and business banking products and services primarily in Western Canada. The company offers current, savings, cash management, US dollar, and chequing accounts, as well as organization, strata solution/condo, general trust, and trust fund investment accounts. It also offers commercial lending and real estate, and equipment financing and leasing products; loans and mortgages; secured and unsecured lines of credit; registered retirement savings plan; consolidation, vehicle, and recreation vehicle loans; and credit cards.

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Analyst Recommendations for Canadian Western Bank (OTCMKTS:CBWBF)

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