Canadian Western Bank (CWB) Price Target Raised to C$35.00 at National Bank Financial

Canadian Western Bank (TSE:CWB) had its price objective upped by National Bank Financial from C$32.00 to C$35.00 in a report published on Tuesday morning. They currently have a sector perform rating on the stock. National Bank Financial also issued estimates for Canadian Western Bank’s Q2 2018 earnings at $0.71 EPS and FY2018 earnings at $2.92 EPS.

A number of other research firms have also commented on CWB. Canaccord Genuity upped their price target on shares of Canadian Western Bank from C$29.00 to C$30.00 in a report on Friday, September 1st. Scotiabank upgraded shares of Canadian Western Bank from a sector perform rating to an outperform rating and upped their price target for the company from C$30.00 to C$33.00 in a report on Friday, September 1st. CIBC upped their price target on shares of Canadian Western Bank from C$31.00 to C$33.00 in a report on Friday, September 1st. Laurentian Bank of Canada upped their price target on shares of Canadian Western Bank from C$36.00 to C$39.00 and gave the company a buy rating in a report on Monday, October 2nd. Finally, Royal Bank Of Canada upgraded shares of Canadian Western Bank from a sector perform rating to an outperform rating and upped their price target for the company from C$32.00 to C$35.00 in a report on Friday, September 1st. Seven equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of Hold and a consensus price target of C$33.90.

Canadian Western Bank (TSE:CWB) opened at C$35.21 on Tuesday.

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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.

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