Canadian Western Bank (TSE:CWB) was upgraded by equities research analysts at Credit Suisse to a “neutral” rating in a research note issued to investors on Thursday, Analyst Ratings Net reports.
CWB has been the subject of a number of other recent research reports. Analysts at CIBC raised their price target on shares of Canadian Western Bank from C$37.00 to C$39.00 in a research note to investors on Thursday. They now have a “sector perform” rating on the stock. Separately, analysts at CSFB upgraded shares of Canadian Western Bank from an “underperform” rating to a “neutral” rating in a research note to investors on Thursday. Finally, analysts at Barclays raised their price target on shares of Canadian Western Bank from C$31.00 to C$34.00 in a research note to investors on Thursday, November 21st. They now have an “equal weight” rating on the stock. Six analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of C$33.83.
Canadian Western Bank (TSE:CWB) traded up 5.63% on Thursday, hitting $36.61. 884,236 shares of the company’s stock traded hands. Canadian Western Bank has a 52 week low of $27.04 and a 52 week high of $34.89. The stock has a 50-day moving average of $33.70 and a 200-day moving average of $30.49. The company has a market cap of $2.906 billion and a P/E ratio of 15.27.
Canadian Western Bank (TSE:CWB) is a bank offering a range of personal and commercial banking, trust services, and wealth management services.
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