Community West Bancshares (NASDAQ:CWBC – Get Free Report) was upgraded by equities research analysts at StockNews.com from a “sell” rating to a “hold” rating in a research note issued to investors on Thursday.
A number of other brokerages have also recently issued reports on CWBC. TheStreet cut shares of Community West Bancshares from a “b-” rating to a “c+” rating in a research note on Monday, January 29th. Piper Sandler increased their target price on Community West Bancshares from $22.00 to $24.00 and gave the stock an “overweight” rating in a report on Monday, April 15th. Finally, Keefe, Bruyette & Woods decreased their price target on Community West Bancshares from $23.00 to $22.00 and set a “market perform” rating on the stock in a research note on Monday, April 22nd. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Community West Bancshares currently has a consensus rating of “Moderate Buy” and a consensus target price of $20.33.
Check Out Our Latest Stock Report on Community West Bancshares
Community West Bancshares Stock Down 0.3 %
Institutional Inflows and Outflows
An institutional investor recently raised its position in Community West Bancshares stock. Black Maple Capital Management LP increased its position in shares of Community West Bancshares (NASDAQ:CWBC – Free Report) by 8.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,475 shares of the financial services provider’s stock after acquiring an additional 1,417 shares during the quarter. Black Maple Capital Management LP owned about 0.20% of Community West Bancshares worth $304,000 at the end of the most recent quarter. 33.80% of the stock is currently owned by institutional investors and hedge funds.
About Community West Bancshares
Community West Bancshares operates as the bank holding company for Community West Bank, N.A. that provides various financial products and services in California. The company offers deposit products, such as checking accounts, savings accounts, money market accounts, and fixed rate and fixed maturity certificates of deposits; and cash management products.
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