Canadian Western Bank (TSE:CWB) had its price objective hoisted by investment analysts at Canaccord Genuity from C$30.00 to C$33.00 in a note issued to investors on Tuesday. Canaccord Genuity’s target price indicates a potential downside of 9.19% from the company’s previous close.
Several other research analysts also recently issued reports on CWB. Barclays PLC upped their target price on shares of Canadian Western Bank from C$28.00 to C$30.00 in a research note on Friday, August 11th. Scotiabank boosted their price objective on shares of Canadian Western Bank from C$28.00 to C$30.00 and gave the company a “sector perform” rating in a report on Monday, August 21st. BMO Capital Markets boosted their price objective on shares of Canadian Western Bank from C$28.00 to C$29.00 and gave the company a “market perform” rating in a report on Friday, September 1st. CIBC boosted their price objective on shares of Canadian Western Bank from C$31.00 to C$33.00 in a report on Friday, September 1st. Finally, National Bank Financial boosted their price objective on shares of Canadian Western Bank from C$28.00 to C$32.00 and gave the company a “sector perform” rating in a report on Friday, September 1st. Seven analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Canadian Western Bank currently has an average rating of “Hold” and a consensus price target of C$33.90.
WARNING: This piece of content was reported by Community Financial News and is owned by of Community Financial News. If you are viewing this piece of content on another site, it was illegally copied and reposted in violation of US and international copyright & trademark law. The legal version of this piece of content can be read at https://www.com-unik.info/2017/11/02/canadian-western-bank-cwb-pt-raised-to-c33-00-at-canaccord-genuity.html.
About Canadian Western Bank
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.
What are top analysts saying about Canadian Western Bank? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Canadian Western Bank and related companies.