The stock of Canadian Western Bank (TSE:CWB) is a huge mover today! About 109,953 shares traded hands. Canadian Western Bank (TSE:CWB) has risen 1.35% since April 20, 2016 and is uptrending. It has underperformed by 4.06% the S&P500.
The move comes after 7 months positive chart setup for the $2.65B company. It was reported on Nov, 24 by Barchart.com. We have $30.27 PT which if reached, will make TSE:CWB worth $79.50M more.
Canadian Western Bank (TSE:CWB) Ratings Coverage
Out of 7 analysts covering Canadian Western Bank (TSE:CWB), 0 rate it a “Buy”, 1 “Sell”, while 6 “Hold”. This means 0 are positive. $106 is the highest target while $23 is the lowest. The $26.56 average target is -9.63% below today’s ($29.39) stock price. Canadian Western Bank has been the topic of 29 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The rating was downgraded by GMP Securities to “Hold” on Friday, June 3. The firm earned “Sector Perform” rating on Friday, September 4 by Scotia Capital. Scotia Capital maintained the shares of CWB in a report on Friday, June 3 with “Sector Perform” rating.
More notable recent Canadian Western Bank (TSE:CWB) news were published by: Business.Financialpost.com which released: “Canadian Western Bank reignites concerns about energy loan losses at big banks” on May 03, 2016, also Theglobeandmail.com with their article: “Canadian Western Bank profit tumbles on higher loan loss provisions” published on June 02, 2016, Fool.ca published: “Canadian Western Bank Is Not a Value Trap” on January 07, 2016. More interesting news about Canadian Western Bank (TSE:CWB) were released by: Business.Financialpost.com and their article: “Terra Energy Corp shuts down operations after Canadian Western Bank demands …” published on March 21, 2016 as well as Business.Financialpost.com‘s news article titled: “The market may have it wrong on Canadian Western Bank” with publication date: September 30, 2015.
Canadian Western Bank is a Canada bank that offers personal and business banking. The company has a market cap of $2.65 billion. The Bank is engaged in the business of commercial, equipment financing, real estate construction financing and energy lending. It has a 13.06 P/E ratio. 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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