Canadian Western Bank (OTCMKTS:CBWBF) Given New C$31.00 Price Target at Barclays

Canadian Western Bank (OTCMKTS:CBWBFFree Report) had its target price raised by Barclays from C$29.00 to C$31.00 in a report released on Tuesday morning, FlyOnTheWall reports.

Other research analysts have also issued reports about the stock. CIBC decreased their price target on shares of Canadian Western Bank from C$30.00 to C$28.00 in a research note on Tuesday, May 16th. Royal Bank of Canada upgraded shares of Canadian Western Bank from a sector perform rating to an outperform rating in a research note on Tuesday, May 30th. Credit Suisse Group decreased their price target on shares of Canadian Western Bank from C$26.00 to C$25.00 in a research note on Tuesday, May 30th. Finally, Keefe, Bruyette & Woods upgraded shares of Canadian Western Bank from a market perform rating to an outperform rating in a research note on Monday.

Check Out Our Latest Report on CBWBF

Canadian Western Bank Trading Up 1.2 %

OTCMKTS:CBWBF opened at $21.24 on Tuesday. The company has a fifty day moving average of $19.38 and a 200 day moving average of $18.66. Canadian Western Bank has a 52 week low of $15.70 and a 52 week high of $21.37.

About Canadian Western Bank

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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.

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