Q3 2018 Earnings Forecast for Canadian Western Bank Issued By National Bank Financial (CWB)

Canadian Western Bank (TSE:CWB) – Stock analysts at National Bank Financial issued their Q3 2018 earnings per share (EPS) estimates for shares of Canadian Western Bank in a note issued to investors on Monday. National Bank Financial analyst G. Dechaine forecasts that the company will post earnings per share of $0.75 for the quarter. National Bank Financial has a “Sector Perform” rating and a $35.00 price objective on the stock. National Bank Financial also issued estimates for Canadian Western Bank’s FY2019 earnings at $3.26 EPS.

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A number of other analysts have also recently issued reports on the company. BMO Capital Markets set a C$33.00 price objective on Canadian Western Bank and gave the company a “market perform” rating in a research report on Thursday, November 16th. Barclays PLC lifted their price objective on Canadian Western Bank from C$31.00 to C$33.00 in a research report on Tuesday, November 14th. CIBC lifted their price objective on Canadian Western Bank from C$37.00 to C$42.00 in a research report on Monday, November 13th. Canaccord Genuity lifted their price objective on Canadian Western Bank from C$30.00 to C$33.00 in a research report on Tuesday, October 31st. Finally, TD Securities lifted their price objective on Canadian Western Bank from C$36.00 to C$37.00 and gave the company a “hold” rating in a research report on Tuesday, October 31st. Seven analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of C$34.83.

Shares of Canadian Western Bank (TSE:CWB) traded up C$0.07 during mid-day trading on Wednesday, hitting C$35.62. The stock had a trading volume of 255,581 shares, compared to its average volume of 393,324. Canadian Western Bank has a twelve month low of C$23.68 and a twelve month high of C$37.36.

About Canadian Western Bank

Canadian Western Bank (CWB) is a Canada-based bank engaged in offering a range of financial services. The Bank specializes in mid-market commercial banking, real estate and construction financing, and equipment financing and leasing. The Bank offers financing solutions through CWB Equipment Financing, National Leasing, CWB Maxium Financial, CWB Franchise Finance and CWB Optimum Mortgage, trust services through Canadian Western Trust and wealth advisory services through CWB Wealth Management.

Earnings History and Estimates for Canadian Western Bank (TSE:CWB)

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