Trade Report: The Analysts Set Canadian Western Bank (CWB) Target Price at $26.11

The Analysts Set Canadian Western Bank (CWB) Target Price at $26.11

Shares of Canadian Western Bank (TSE:CWB) have received an average recommendation of “Hold” from the ten research firms that are covering the firm. One research analyst has rated the stock with a sell recommendation and five have given a hold recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is C$26.11.

Several research firms recently weighed in on CWB. Scotiabank upped their price objective on shares of Canadian Western Bank from C$26.00 to C$27.00 and gave the stock a “sector perform” rating in a report on Friday, September 2nd. CIBC reduced their price objective on shares of Canadian Western Bank from C$26.00 to C$25.00 in a report on Friday, July 8th. Canaccord Genuity reduced their price objective on shares of Canadian Western Bank from C$28.00 to C$26.00 in a report on Friday, July 8th. Barclays PLC upped their price objective on shares of Canadian Western Bank from C$24.00 to C$26.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 17th. Finally, Desjardins reaffirmed a “hold” rating on shares of Canadian Western Bank in a report on Thursday, July 7th.

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