Canadian Western Bank (TSE:CWB – Get Rating) Senior Officer Niall Boles sold 1,300 shares of the firm’s stock in a transaction dated Wednesday, April 20th. The stock was sold at an average price of C$34.60, for a total transaction of C$44,975.06. Following the sale, the insider now owns 32 shares of the company’s stock, valued at approximately C$1,107.08.
CWB stock opened at C$33.50 on Friday. Canadian Western Bank has a 12 month low of C$32.46 and a 12 month high of C$41.56. The firm has a market cap of C$3.02 billion and a P/E ratio of 8.84. The company’s 50-day moving average price is C$36.35 and its two-hundred day moving average price is C$37.63.
Canadian Western Bank (TSE:CWB – Get Rating) last released its earnings results on Friday, February 25th. The company reported C$0.99 EPS for the quarter, beating the consensus estimate of C$0.95 by C$0.04. The firm had revenue of C$265.98 million during the quarter, compared to the consensus estimate of C$268.45 million. As a group, equities research analysts forecast that Canadian Western Bank will post 4.2500001 EPS for the current fiscal year.
CWB has been the subject of a number of research reports. CIBC cut shares of Canadian Western Bank from an “outperform” rating to a “hold” rating and cut their target price for the stock from C$45.00 to C$38.00 in a research note on Monday, April 11th. Raymond James raised their target price on shares of Canadian Western Bank from C$41.00 to C$43.00 and gave the stock an “outperform” rating in a research note on Monday, February 28th. BMO Capital Markets raised their price target on shares of Canadian Western Bank from C$42.00 to C$42.50 in a research report on Monday, February 28th. National Bankshares raised their price target on shares of Canadian Western Bank from C$43.00 to C$44.00 and gave the stock a “sector perform” rating in a research report on Tuesday, March 1st. Finally, Scotiabank lowered their price target on shares of Canadian Western Bank from C$48.00 to C$44.00 in a research report on Wednesday, April 13th. Four research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of C$42.77.
Canadian Western Bank Company Profile (Get Rating)
Canadian Western Bank provides personal and business banking products and services primarily in Western Canada. The company offers current, savings, cash management, US dollar, and chequing accounts, as well as organization, strata solution/condo, general trust, and trust fund investment accounts. It also offers commercial lending and real estate, and equipment financing and leasing products; loans and mortgages; secured and unsecured lines of credit; registered retirement savings plan; consolidation, vehicle, and recreation vehicle loans; and credit cards.
- 3 Resilient Stocks to Buy for Retirement
- MarketBeat: Week in Review 4/18 – 4/22
- Tractor Supply Company Reaps What It Sows
- Snap (NYSE: SNAP) Gives Investors A Mixed Bag
- Should You Buy Carvana or AutoNation or Pass on Both?
Receive News & Ratings for Canadian Western Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canadian Western Bank and related companies with MarketBeat.com's FREE daily email newsletter.