Canadian Western Bank (TSE: CWB) stocks have an average rating of “hold” by the twelve rating companies that cover the company, MarketBeat Ratings reports. Four research analysts have given the share a hold recommendation and three have given the company a buy recommendation. The average 12-month target price among brokers who rated the stock last year is $ 34.73.
Several equity analysts have recently commented on the company. TD Securities raised its target price on Canadian Western Bank from C $ 33.00 to C $ 36.00 and rated the company a “Buy” in a report on Monday, March 1st. Cormark raised its target price on shares of Canadian Western Bank in a research report on Tuesday, March 2nd, from C $ 32.00 to C $ 36.00. National Bank Financial raised its target price on shares of Canadian Western Bank from C $ 32.00 to C $ 35.00 and rated the stock as “sector performance” in a report on Monday, March 1st. In a report on Monday, March 1st, CIBC upgraded Canadian Western Bank from a “neutral” rating to an “outperform” rating and raised its price target for the share from C $ 34.00 to C $ 38.00 . Finally, Scotiabank raised its target price on shares of Canadian Western Bank from C $ 34.00 to C $ 36.00 in a report on Monday, March 1st.
In other news, Senior Officer Darrell Robert Jones sold 2,000 shares in a transaction that occurred on Tuesday, March 9th. The shares were sold at an average price of $ 35.01 for a total transaction of $ 70,020. Following the sale, the Insider now holds 18,299 shares in the company valued at $ 640,647.99. In addition, Senior Officer Mario Vittorio Furlan sold 6,000 shares in the company in a transaction on Wednesday, January 6th. The shares were sold at an average price of $ 30.11 for a total value of $ 180,660. Following the transaction, the Insider now directly holds 17,934 shares in the company valued at $ 539,992.74.
With experts who forecast profits of up to 1,530% by the end of this year …
Forbes has already confirmed that “a new class of millionaires can emerge” when all is said and done.
TSE CWB opened at $ 32.57 on Friday. The company has a market capitalization of $ 2.84 billion and a PE ratio of 11.07. The stock’s 50-day simple moving average is $ 31.90 and the 200-day simple moving average is $ 29.14. Canadian Western Bank has an annual low of $ 16.65 and an annual low of $ 35.46.
Canadian Western Bank (TSE: CWB) last announced its quarterly results on Friday, February 26th. The company reported earnings per share of $ 0.93 for the quarter, beating analysts’ consensus estimate of $ 0.75 by $ 0.18. The company posted revenue of $ 245.09 million for the quarter, compared to the consensus estimate of $ 235.83 million. On average, research analysts expect Canadian Western Bank to achieve earnings per share of 3.47 this year.
Canadian Western Bank company profile
Canadian Western Bank provides retail and commercial banking products and services primarily in western Canada. The company offers checking, savings, cash management, US dollar and checking accounts, as well as organizational, shift / condo, general trust and trust fund investment accounts. It also offers commercial loans and real estate, as well as equipment finance and leasing products. Loans and mortgages; secured and unsecured credit lines; registered retirement plan; Consolidation, vehicle and recreational vehicle loans; and credit cards.
Further Reading: How Do You Know How Many Shares Are Outstanding?
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7 stocks to support your New Year’s resolutions
After a year like 2020, many Americans expect it to be enough to come by 2021. For many people, however, the beginning of a new year still means making resolutions. And while many Americans still wake up on Groundhog’s Day, the hope is that things will look dramatically different in September than they are now.
Some of the most popular resolutions are to lose weight, exercise more, or take steps to better organize our lives and / or business. And many pure companies are leaning on these trends and doing well.
Alternatively, you can invest in companies that are not just games but can still benefit from consumers looking to start over. Owning these stocks helps you manage your risk. If the trend continues, you can ride the wave. On the other hand, if the wave turns into a ripple, stocks have other catalysts to get it through.
In this particular presentation, we’re going to look at both categories. We have several pure-play companies that investors can use to buy stocks of companies that are capitalizing on these trends. We’ll also give you a few stocks that fall into the latter category.
These are stocks that you can buy anytime and for many reasons. However, at the start of the new year, they offer excellent purchases.
Check out the 7 Things To Do In Support Of Your New Year’s Resolutions.