Canadian Western Bank (CWB) Scheduled to Post Quarterly Earnings on Thursday
Canadian Western Bank (TSE:CWB) is set to announce its earnings results before the market opens on Thursday, December 1st. Analysts expect the company to announce earnings of $0.44 per share for the quarter.
Shares of Canadian Western Bank (TSE:CWB) opened at 28.78 on Tuesday. Canadian Western Bank has a one year low of $19.26 and a one year high of $29.68. The company’s 50 day moving average price is $26.23 and its 200 day moving average price is $25.67. The stock has a market capitalization of $2.53 billion and a P/E ratio of 12.81.
CWB has been the topic of a number of recent analyst reports. Canaccord Genuity boosted their target price on Canadian Western Bank from C$26.00 to C$27.00 in a research report on Tuesday, November 22nd. CIBC boosted their target price on Canadian Western Bank from C$25.00 to C$27.00 in a research report on Friday, September 2nd. Barclays PLC boosted their target price on Canadian Western Bank from C$24.00 to C$26.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 17th. TD Securities reaffirmed a “hold” rating and set a C$27.00 target price on shares of Canadian Western Bank in a research report on Tuesday, November 1st. Finally, Desjardins boosted their target price on Canadian Western Bank from C$26.00 to C$27.00 and gave the stock a “hold” rating in a research report on Friday, September 2nd. Three investment analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of C$26.30.
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About Canadian Western Bank
Canadian Western Bank (the Bank) is a Canada-based bank that offers personal and business banking. The Bank is engaged in the business of commercial, equipment financing, real estate construction financing and energy lending. It offers personal banking services, including savings accounts, mortgages, home equity lines of credit, personal loans and investment products through its branch network across Western Canada.
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