Canadian Western Bank (TSE:CWB) Share Price Crosses Above 200 Day Moving Average – Should You Sell?

Canadian Western Bank (TSE:CWB – Get Free Report) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$53.92 and traded as high as C$59.00. Canadian Western Bank shares last traded at C$58.77, with a volume of 164,598 shares trading hands. [...]

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Canadian Western Bank ( TSE:CWB – Get Free Report ) shares crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$53.92 and traded as high as C$59.

00. Canadian Western Bank shares last traded at C$58.77, with a volume of 164,598 shares trading hands.



Analyst Upgrades and Downgrades A number of equities research analysts have recently weighed in on CWB shares. BMO Capital Markets lifted their target price on shares of Canadian Western Bank from C$52.00 to C$58.

00 in a research note on Monday, November 18th. Royal Bank of Canada boosted their price objective on shares of Canadian Western Bank from C$52.00 to C$60.

00 and gave the stock a “sector perform” rating in a research note on Thursday, December 19th. CIBC boosted their price objective on shares of Canadian Western Bank from C$60.30 to C$63.

50 in a research note on Tuesday, November 26th. Raymond James boosted their price objective on shares of Canadian Western Bank from C$54.00 to C$59.

00 and gave the stock a “market perform” rating in a research note on Thursday, December 19th. Finally, Desjardins lowered shares of Canadian Western Bank from a “moderate buy” rating to a “hold” rating in a research note on Friday, December 20th. Seven analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock.

Based on data from MarketBeat, Canadian Western Bank has a consensus rating of “Hold” and a consensus target price of C$54.83. Get Our Latest Research Report on CWB Canadian Western Bank Stock Up 0.

4 % Canadian Western Bank Company Profile ( Get Free Report ) 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.

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