Free Trial

Canadian Western Bank (CWB) Stock Forecast & Price Target

Canadian Western Bank logo
C$59.64 +0.87 (+1.48%)
(As of 11/20/2024 ET)

Canadian Western Bank - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
6
Buy
6

Based on 12 Wall Street analysts who have issued ratings for Canadian Western Bank in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 12 analysts, 6 have given a hold rating, and 6 have given a buy rating for CWB.

Consensus Price Target

C$48.57
-18.56% Downside
According to the 12 analysts' twelve-month price targets for Canadian Western Bank, the average price target is C$48.57. The highest price target for CWB is C$60.30, while the lowest price target for CWB is C$30.00. The average price target represents a forecasted downside of -18.56% from the current price of C$59.64.
Get the Latest News and Ratings for CWB and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Canadian Western Bank and its competitors.

Sign Up

CWB Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
9 Buy rating(s)
7 Buy rating(s)
Hold
6 Hold rating(s)
6 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$48.57C$48.03C$40.29C$31.50
Forecasted Upside-18.56% Downside-15.21% Downside-19.06% Downside8.62% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Moderate Buy

CWB Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

CWB Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Canadian Western Bank Stock vs. The Competition

TypeCanadian Western BankFinancial Services Companies
Consensus Rating Score
2.50
2.64
Consensus RatingModerate BuyModerate Buy
News Sentiment Rating
Neutral News

See Recent CWB News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/18/2024BMO Capital Markets
4 of 5 stars
S. Movahedi
Subscribe to MarketBeat All Access for the recommendation accuracy rating
Boost TargetC$52.00 ➝ C$58.00-0.96%
9/3/2024Cibc World Mkts
0 of 5 stars
P. Holden
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeHold
9/3/2024Raymond James
4 of 5 stars
S. Boland
Subscribe to MarketBeat All Access for the recommendation accuracy rating
DowngradeModerate Buy ➝ HoldC$52.00 ➝ C$54.00+5.00%
9/3/2024Cormark
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetC$46.00 ➝ C$47.00-8.27%
9/3/2024Desjardins
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuyC$53.00 ➝ C$57.00+11.24%
9/3/2024CIBC
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutralC$55.80 ➝ C$60.30+17.68%
9/3/2024Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetHoldC$52.00 ➝ C$57.00+11.24%
9/3/2024Royal Bank of Canada
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetSector PerformC$51.00 ➝ C$52.00+1.48%
6/18/2024Scotiabank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOutperformC$30.00 ➝ C$52.00+21.92%
6/3/2024National Bankshares
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOutperformC$37.00 ➝ C$30.00+18.62%
3/4/2024Veritas Investment Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingBuy
12/11/2023TD Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuyC$32.00 ➝ C$34.00+11.70%
11/23/2023Keefe, Bruyette & Woods
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetOutperformC$34.00 ➝ C$33.00+14.50%
9/5/2023CSFB
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutralC$26.00 ➝ C$31.00+7.12%
9/5/2023Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweightC$29.00 ➝ C$31.00+7.12%
12/5/2022Credit Suisse Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower TargetC$26.00+6.78%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:30 AM ET.


CWB Forecast - Frequently Asked Questions

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Canadian Western Bank is C$48.57, with a high forecast of C$60.30 and a low forecast of C$30.00.

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Canadian Western Bank in the last twelve months. There are currently 6 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CWB shares.

According to analysts, Canadian Western Bank's stock has a predicted downside of -18.56% based on their 12-month stock forecasts.

Over the previous 90 days, Canadian Western Bank's stock had 1 upgrade and 1 downgrade by analysts.

Canadian Western Bank has been rated by research analysts at BMO Capital Markets, CIBC, Cibc World Mkts, Cormark, Desjardins, Jefferies Financial Group, Raymond James, and Royal Bank of Canada in the past 90 days.

Analysts like Canadian Western Bank less than other "financial services" companies. The consensus rating score for Canadian Western Bank is 2.50 while the average consensus rating score for "financial services" companies is 2.63. Learn more on how CWB compares to other companies.


This page (TSE:CWB) was last updated on 11/21/2024 by MarketBeat.com Staff
From Our Partners