Canadian Western Bank (TSE:CWB – Get Free Report) Senior Officer Supriya Anna Maria James sold 4,600 shares of the firm’s stock in a transaction dated Tuesday, April 23rd. The stock was sold at an average price of C$27.00, for a total transaction of C$124,203.22.
Canadian Western Bank Stock Down 0.5 %
Shares of CWB stock traded down C$0.14 during trading hours on Thursday, hitting C$26.70. 73,417 shares of the company’s stock were exchanged, compared to its average volume of 279,617. The firm has a 50 day moving average of C$27.93 and a two-hundred day moving average of C$28.84. Canadian Western Bank has a fifty-two week low of C$22.96 and a fifty-two week high of C$31.64. The firm has a market cap of C$2.58 billion, a P/E ratio of 8.13, a P/E/G ratio of 2.95 and a beta of 1.57.
Canadian Western Bank (TSE:CWB – Get Free Report) last posted its quarterly earnings data on Friday, March 1st. The company reported C$0.93 EPS for the quarter, beating the consensus estimate of C$0.91 by C$0.02. Canadian Western Bank had a return on equity of 8.58% and a net margin of 31.97%. The firm had revenue of C$289.99 million during the quarter, compared to the consensus estimate of C$301.10 million. On average, equities analysts forecast that Canadian Western Bank will post 3.5601057 earnings per share for the current fiscal year.
Canadian Western Bank Announces Dividend
Analyst Upgrades and Downgrades
Several analysts have recently weighed in on CWB shares. Desjardins decreased their price target on shares of Canadian Western Bank from C$37.00 to C$35.00 and set a “buy” rating for the company in a research note on Monday, March 4th. Scotiabank raised shares of Canadian Western Bank from a “sector perform” rating to an “outperform” rating and set a C$32.00 price target on the stock in a report on Tuesday, February 20th. Royal Bank of Canada dropped their price target on Canadian Western Bank from C$34.00 to C$32.00 and set an “outperform” rating on the stock in a research note on Monday, March 4th. CIBC boosted their price target on Canadian Western Bank from C$32.00 to C$34.00 and gave the company a “neutral” rating in a report on Wednesday, February 14th. Finally, Veritas Investment Research reissued a “buy” rating on shares of Canadian Western Bank in a report on Monday, March 4th. Two research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$33.73.
Get Our Latest Analysis on CWB
Canadian Western Bank Company Profile
Canadian Western Bank provides personal and business banking products and services in Western Canada. The company offers current, savings, US dollar, chequing, flex notice, organization, business trust, and trust fund investment accounts. It also offers commercial lending and real estate, equipment financing and leasing, aviation financing, and dealership financing products; agriculture lending products and AgriInvest savings account; variable and fixed rate mortgages; line of credit; registered retirement savings plan, consolidation, and vehicle loans; and credit cards.
See Also
- Five stocks we like better than Canadian Western Bank
- What Investors Must Know About Over-the-Counter (OTC) Stocks
- Hasbro’s Management Made All the Right Calls This Quarter
- How Can Retail Investors Trade the Toronto Stock Exchange (TSX)?
- Caterpillar’s Market Reset Isn’t Over: Get Ready for Lower Prices
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
- Power Surge: Utilities Sector’s Resilience Shines
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.