Canadian Western Bank (OTCMKTS:CBWBF) had its target price upped by Scotiabank from $33.00 to $34.00 in a research report released on Wednesday morning, The Fly reports. Scotiabank currently has a sector perform rating on the stock.
A number of other research analysts have also weighed in on CBWBF. National Bank Financial reissued a sector perform rating on shares of Canadian Western Bank in a research report on Monday. Royal Bank of Canada raised their price target on shares of Canadian Western Bank from $28.00 to $32.00 and gave the company a sector perform rating in a research report on Monday, December 7th. Raymond James dropped their price target on shares of Canadian Western Bank from $34.00 to $33.50 and set an outperform rating on the stock in a research report on Monday, December 7th. BMO Capital Markets lowered shares of Canadian Western Bank to a market perform rating in a research report on Friday, December 4th. Finally, Stifel Nicolaus began coverage on shares of Canadian Western Bank in a research report on Thursday, December 10th. They set a buy rating on the stock. Six analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Canadian Western Bank presently has a consensus rating of Buy and an average target price of $30.89.
Canadian Western Bank stock opened at $24.28 on Wednesday. Canadian Western Bank has a 1-year low of $11.02 and a 1-year high of $25.73. The firm’s fifty day moving average price is $22.96 and its two-hundred day moving average price is $20.18.
Canadian Western Bank provides personal and business banking products and services primarily in Western Canada. The company offers current, savings, cash management, US dollar, and chequing accounts, as well as organization, strata solution/condo, general trust, and trust fund investment accounts. It also offers commercial lending and real estate, and equipment financing and leasing products; loans and mortgages; secured and unsecured lines of credit; registered retirement savings plan; consolidation, vehicle, and recreation vehicle loans; and credit cards.
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