Canadian Western Bank (OTCMKTS:CBWBF) Given Average Recommendation of “Buy” by Brokerages

Canadian Western Bank (OTCMKTS:CBWBF) has received a consensus recommendation of “Buy” from the six analysts that are currently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $35.00.

A number of equities analysts have recently commented on the stock. Desjardins reiterated a “hold” rating and set a $36.00 price target on shares of Canadian Western Bank in a report on Tuesday, November 5th. CIBC reaffirmed a “hold” rating and set a $36.00 target price on shares of Canadian Western Bank in a research report on Monday, December 9th.

OTCMKTS CBWBF remained flat at $$24.86 on Wednesday. Canadian Western Bank has a one year low of $20.08 and a one year high of $27.42. The business’s fifty day simple moving average is $24.83 and its two-hundred day simple moving average is $24.63.

About Canadian Western Bank

Canadian Western Bank provides personal and business banking products and services primarily in Western Canada. The company offers current, savings, cash management, US dollar, senior, chequing, youth, and student accounts, as well as specialized accounts, including corporate and commercial, organization, strata solution/condo, general trust, and trust fund investment accounts.

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Analyst Recommendations for Canadian Western Bank (OTCMKTS:CBWBF)

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