Canadian Western Bank (OTCMKTS:CBWBF) Price Target Raised to C$33.00 at TD Securities

Canadian Western Bank (OTCMKTS:CBWBF) had its price target raised by TD Securities from C$32.00 to C$33.00 in a report issued on Tuesday morning, FlyOnTheWall reports.

Several other equities research analysts also recently issued reports on CBWBF. Keefe, Bruyette & Woods raised shares of Canadian Western Bank from a market perform rating to an outperform rating in a research report on Monday. Credit Suisse Group decreased their price objective on Canadian Western Bank from C$26.00 to C$25.00 in a report on Tuesday, May 30th. Royal Bank of Canada upgraded Canadian Western Bank from a sector perform rating to an outperform rating in a report on Tuesday, May 30th. CIBC decreased their price objective on Canadian Western Bank from C$30.00 to C$28.00 in a report on Tuesday, May 16th. Finally, Barclays increased their price objective on Canadian Western Bank from C$29.00 to C$31.00 in a report on Tuesday.

Canadian Western Bank Price Performance

Shares of CBWBF stock opened at $21.24 on Tuesday. The firm has a fifty day moving average of $19.38 and a 200-day moving average of $18.66. Canadian Western Bank has a 12-month low of $15.70 and a 12-month high of $21.37.

Canadian Western Bank Company Profile

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.