Canadian Western Bank (OTCMKTS:CBWBF) Stock Price Down 3.6%
Canadian Western Bank (OTCMKTS:CBWBF)’s stock price traded down 3.6% during mid-day trading on Tuesday . The stock traded as low as $16.84 and last traded at $16.84, 100 shares changed hands during mid-day trading. A decline of 90% from the average session volume of 1,001 shares. The stock had previously closed at $17.46.
Several equities research analysts have recently issued reports on the company. Scotiabank raised their price objective on Canadian Western Bank from $22.00 to $23.00 and gave the company a “sector perform” rating in a research note on Monday, June 1st. Canaccord Genuity increased their price target on Canadian Western Bank from $24.00 to $25.50 and gave the stock a “buy” rating in a report on Monday, June 1st. Barclays reduced their price target on Canadian Western Bank from $33.00 to $31.00 and set an “overweight” rating on the stock in a report on Monday, March 9th. Finally, Credit Suisse Group increased their price target on Canadian Western Bank from $23.00 to $25.00 and gave the stock a “neutral” rating in a report on Monday, June 1st. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Canadian Western Bank has an average rating of “Hold” and a consensus price target of $30.36.
The firm has a fifty day moving average price of $16.78 and a two-hundred day moving average price of $19.38.
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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