Canadian Western Bank (TSE:CWB) Price Target Raised to C$59.00

Canadian Western Bank (TSE:CWB) had its price target upped by Raymond James from C$54.00 to C$59.00 in a research note published on Thursday,BayStreet.CA reports. They currently have a market perform rating on the stock. Raymond James also issued estimates for Canadian Western Bank’s Q1 2025 earnings at $0.80 EPS, Q2 2025 earnings at $0.83 EPS, Q3 2025 earnings at $0.92 EPS, Q4 2025 earnings at $0.97 EPS and FY2025 earnings at $3.52 EPS.

A number of other analysts have also recently commented on the stock. CIBC upped their price target on shares of Canadian Western Bank from C$60.30 to C$63.50 in a research report on Tuesday, November 26th. Royal Bank of Canada boosted their target price on shares of Canadian Western Bank from C$51.00 to C$52.00 and gave the company a “sector perform” rating in a research report on Tuesday, September 3rd. Jefferies Financial Group lifted their price target on shares of Canadian Western Bank from C$52.00 to C$57.00 and gave the company a “hold” rating in a research note on Tuesday, September 3rd. Desjardins upped their price target on Canadian Western Bank from C$53.00 to C$57.00 and gave the stock a “buy” rating in a research note on Tuesday, September 3rd. Finally, Cibc World Mkts raised shares of Canadian Western Bank to a “hold” rating in a research note on Tuesday, September 3rd. Six research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of C$54.83.

Canadian Western Bank Stock Performance

Canadian Western Bank stock opened at C$58.53 on Thursday. The firm has a market cap of C$5.66 billion, a price-to-earnings ratio of 19.64, a PEG ratio of 2.95 and a beta of 1.39. Canadian Western Bank has a 52-week low of C$24.66 and a 52-week high of C$61.81. The firm has a 50 day moving average price of C$57.79 and a two-hundred day moving average price of C$49.78.

Canadian Western Bank Company Profile

Canadian Western Bank is a diversified financial service organization providing banking, trust, and wealth management services. The group operates through a number of subsidiaries providing different areas of financial services. Canadian Western Bank offers business banking services including general commercial banking, equipment financing and leasing, real estate financing, and other services for small- and medium-sized companies, as well as personal banking services including chequing and savings accounts, loans, mortgages, and investment products.