Canadian Western Bank (OTCMKTS:CBWBF) Upgraded to “Outperform” by Keefe, Bruyette & Woods

Keefe, Bruyette & Woods upgraded shares of Canadian Western Bank (OTCMKTS:CBWBF) from a market perform rating to an outperform rating in a report released on Monday, FlyOnTheWall reports.

A number of other analysts have also commented on the company. Barclays boosted their target price on Canadian Western Bank from C$26.00 to C$29.00 in a research report on Monday, August 21st. Credit Suisse Group decreased their target price on Canadian Western Bank from C$26.00 to C$25.00 in a research report on Tuesday, May 30th. CIBC decreased their target price on Canadian Western Bank from C$30.00 to C$28.00 in a research report on Tuesday, May 16th. Finally, Royal Bank of Canada raised Canadian Western Bank from a sector perform rating to an outperform rating in a report on Tuesday, May 30th.

Canadian Western Bank Price Performance

Shares of OTCMKTS:CBWBF opened at $20.98 on Monday. The business’s 50-day moving average is $19.32 and its 200-day moving average is $18.66. Canadian Western Bank has a 1 year low of $15.70 and a 1 year high of $21.37.

About Canadian Western Bank

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