RBC Capital analyst Darko Mihelic maintained a Hold rating on Canadian Western Bank (TSX:CWB) on Friday, setting a price target of C$44, which is approximately 22.78% above the present share price of $27.91.
Mihelic expects Canadian Western Bank to post earnings per share (EPS) of $0.99 for the fourth quarter of 2021.
The current consensus among 6 TipRanks analysts is for a Strong Buy rating of shares in Canadian Western Bank, with an average price target of $35.95.
The analysts price targets range from a high of $42 to a low of $31.93.
In its latest earnings report, released on 07/31/2021, the company reported a quarterly revenue of $263.22 million and a net profit of $0. The company's market cap is $2.46 billion.
According to TipRanks.com, RBC Capital analyst Darko Mihelic is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 8.7% and a 65.00% success rate.
Canadian Western Bank engages in the provision of banking services for small and medium size companies. The firm provides commercial banking and financial services for business banking, personal banking or wealth management. It also offers full-service personal banking options, including checking and savings accounts, loans, mortgages, and investment products. The company was founded by Charles R. Allard and Eugene Pechet on March 22, 1984 and is headquartered in Edmonton, Canada.