Desjardins restated their hold rating on shares of Canadian Western Bank (OTCMKTS:CBWBF) in a research note released on Tuesday morning, AnalystRatings.com reports. The firm currently has a $36.00 price objective on the stock.
A number of other brokerages have also recently commented on CBWBF. BMO Capital Markets set a $36.00 target price on Canadian Western Bank and gave the company a buy rating in a report on Friday, August 30th. Canaccord Genuity cut Canadian Western Bank to a buy rating and set a $34.00 target price for the company. in a report on Friday, August 30th. Barclays restated a buy rating on shares of Canadian Western Bank in a report on Monday, August 26th. Finally, Scotiabank set a $33.00 target price on Canadian Western Bank and gave the company a hold rating in a report on Friday, August 30th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average target price of $34.75.
OTCMKTS CBWBF opened at $26.47 on Tuesday. Canadian Western Bank has a twelve month low of $18.02 and a twelve month high of $26.69. The stock has a fifty day simple moving average of $25.24 and a 200-day simple moving average of $23.13.
About Canadian Western Bank
Canadian Western Bank provides personal and business banking products and services primarily in Western Canada. The company offers current, savings, cash management, US dollar, senior, chequing, youth, and student accounts, as well as specialized accounts, including corporate and commercial, organization, strata solution/condo, general trust, and trust fund investment accounts.
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