Canadian Western Bank (TSE:CWB) – Research analysts at Cormark upped their Q2 2018 earnings per share estimates for Canadian Western Bank in a note issued to investors on Tuesday. Cormark analyst M. Grauman now forecasts that the company will post earnings of $0.70 per share for the quarter, up from their previous estimate of $0.66. Cormark also issued estimates for Canadian Western Bank’s Q3 2018 earnings at $0.76 EPS, Q4 2018 earnings at $0.78 EPS and FY2018 earnings at $2.92 EPS.
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CWB has been the subject of a number of other reports. National Bank Financial lifted their price objective on Canadian Western Bank from C$32.00 to C$35.00 and gave the stock a “sector perform” rating in a research report on Tuesday. Laurentian lifted their price objective on Canadian Western Bank from C$36.00 to C$39.00 and gave the stock a “buy” rating in a research report on Monday, October 2nd. Scotiabank lifted their price objective on Canadian Western Bank from C$28.00 to C$30.00 and gave the stock a “sector perform” rating in a research report on Monday, August 21st. TD Securities lifted their price objective on Canadian Western Bank from C$32.00 to C$36.00 and gave the stock a “hold” rating in a research report on Thursday, September 28th. Finally, CIBC boosted their target price on Canadian Western Bank from C$31.00 to C$33.00 in a research report on Friday, September 1st. Seven analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Canadian Western Bank has a consensus rating of “Hold” and a consensus target price of C$33.90.
Canadian Western Bank Company Profile
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.
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