Canadian Western Bank to Post Q3 2018 Earnings of $0.75 Per Share, National Bank Financial Forecasts (CWB)
Canadian Western Bank (TSE:CWB) – Stock analysts at National Bank Financial issued their Q3 2018 EPS estimates for Canadian Western Bank in a report released on Monday. National Bank Financial analyst G. Dechaine anticipates that the company will earn $0.75 per share for the quarter. National Bank Financial currently has a “Sector Perform” rating and a $35.00 target price on the stock. National Bank Financial also issued estimates for Canadian Western Bank’s FY2019 earnings at $3.26 EPS.
Other research analysts have also issued reports about the company. Barclays PLC raised their price target on Canadian Western Bank from C$28.00 to C$30.00 in a research report on Friday, August 11th. CIBC lifted their target price on Canadian Western Bank from C$31.00 to C$33.00 in a report on Friday, September 1st. Canaccord Genuity lifted their target price on Canadian Western Bank from C$29.00 to C$30.00 in a report on Friday, September 1st. Laurentian Bank of Canada lifted their target price on Canadian Western Bank from C$36.00 to C$39.00 and gave the stock a “buy” rating in a report on Monday, October 2nd. Finally, Laurentian lifted their target price on Canadian Western Bank from C$36.00 to C$39.00 and gave the stock a “buy” rating in a report on Monday, October 2nd. Seven research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Canadian Western Bank currently has a consensus rating of “Hold” and a consensus price target of C$34.83.
Canadian Western Bank (CWB) traded down C$0.03 during trading hours on Wednesday, hitting C$36.20. The stock had a trading volume of 59,023 shares, compared to its average volume of 344,861. Canadian Western Bank has a 1-year low of C$23.68 and a 1-year high of C$37.36.
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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