In a report released today, John Aiken from Barclays maintained a Hold rating on Canadian Western Bank (CBWBF – Research Report), with a price target of C$29.00. The company’s shares opened today at $19.05.
Aiken covers the Financial sector, focusing on stocks such as Bank Of Montreal, Royal Bank Of Canada, and Toronto Dominion Bank. According to TipRanks, Aiken has an average return of -2.9% and a 43.09% success rate on recommended stocks.
Canadian Western Bank has an analyst consensus of Moderate Buy, with a price target consensus of $24.55.
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CBWBF market cap is currently $1.78B and has a P/E ratio of 6.54.
Based on the recent corporate insider activity of 72 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CBWBF in relation to earlier this year.
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Canadian Western Bank engages in the provision of banking services for small and medium size companies. The firm provides commercial banking and financial services for business banking, personal banking or wealth management. It also offers full-service personal banking options, including checking and savings accounts, loans, mortgages, and investment products. The company was founded by Charles R. Allard and Eugene Pechet on March 22, 1984 and is headquartered in Edmonton, Canada.