In a latest note to investors, a research analyst has provided a rating update for the Financial sector company, Canadian Western Bank (CWB). Yesterday, analyst Scott Chan CFA gave a Buy rating to CWB and set a C$33 price target.
According to TipRanks.com, CFA is a 1-star analyst with an average return of -2.5% and a 41.7% success rate. CFA covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, Manulife Financial Corp, and National Bank of Canada.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Canadian Western Bank with a C$33.88 average price target.
The company has a one-year high of C$39.25 and a one-year low of C$24.33. Currently, Canadian Western Bank has an average volume of 329.3K.
Canadian Western Bank engages in the provision of business banking services for small and medium-sizes companies. It provides general commercial banking, financing for commercial real estate and real estate construction.
The company’s shares closed on Wednesday at C$30.74.
