Canadian Western Bank (CBWBF) Gets a Hold Rating from CIBC
According to The Fly, in a report issued on December 6, Robert Sedran from CIBC reiterated a Hold rating on Canadian Western Bank (CBWBF). The company’s shares closed yesterday at $19.69, close to its 52-week low of $19.16.
Sedran has an average return of 27.8% when recommending Canadian Western Bank.
According to TipRanks.com, Sedran is ranked #1290 out of 5115 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for Canadian Western Bank.
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Canadian Western Bank’s market cap is currently $1.75B and has a P/E ratio of 9.05. The company has a Price to Book ratio of 0.99.
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Canadian Western Bank engages in the provision of business banking services for small and medium-sizes companies. The firm provides general commercial banking; equipment financing and leasing; commercial real estate financing; real estate construction financing; and energy lending.