Canadian Western Bank (TSE:CWB - Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$53.92 and traded as high as C$59.00. Canadian Western Bank shares last traded at C$58.77, with a volume of 164,598 shares traded.
Analyst Ratings Changes
CWB has been the subject of several research reports. Desjardins cut Canadian Western Bank from a "moderate buy" rating to a "hold" rating in a report on Friday, December 20th. Scotiabank boosted their price objective on shares of Canadian Western Bank from C$52.00 to C$62.00 in a research report on Monday, November 25th. Royal Bank of Canada increased their price objective on shares of Canadian Western Bank from C$52.00 to C$60.00 and gave the company a "sector perform" rating in a research note on Thursday, December 19th. BMO Capital Markets lifted their target price on shares of Canadian Western Bank from C$52.00 to C$58.00 in a research report on Monday, November 18th. Finally, Raymond James increased their price target on shares of Canadian Western Bank from C$54.00 to C$59.00 and gave the company a "market perform" rating in a research report on Thursday, December 19th. Seven investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of C$54.83.
Check Out Our Latest Stock Report on CWB
Canadian Western Bank Price Performance
The business's 50-day moving average price is C$58.82 and its two-hundred day moving average price is C$53.99. The firm has a market cap of C$5.68 billion, a price-to-earnings ratio of 19.72, a price-to-earnings-growth ratio of 2.95 and a beta of 1.39.
Canadian Western Bank Company Profile
(
Get Free Report)
Canadian Western Bank is a diversified financial service organization providing banking, trust, and wealth management services. The group operates through a number of subsidiaries providing different areas of financial services. Canadian Western Bank offers business banking services including general commercial banking, equipment financing and leasing, real estate financing, and other services for small- and medium-sized companies, as well as personal banking services including chequing and savings accounts, loans, mortgages, and investment products.
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