Canadian Western Bank (CWB-T) Stock Predictions - Stockchase
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Canadian Western Bank (CWB-T)

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Canadian Western Bank

CWB-T

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Canadian Western Bank (CWB-T) SAVE Apr, 24, 2019, 5:48 pm

29.73 0.06 (0.2%)

About Canadian Western Bank (CWB-T)

The Canadian Western Bank is a bank that is based in Edmonton, and which operates primarily in western Canada. The bank serves personal and commercial clients in Western Canada. More at Wikipedia

What the experts are saying about CWB-T



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BUY
Got stuck at $40 and had a sell-off. $20-40 range, so there's plenty of upside here. He's worried about this sector, but CWB has already sold off, so he's not worried about it.
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Got stuck at $40 and had a sell-off. $20-40 range, so there's plenty of upside here. He's worried about this sector, but CWB has already sold off, so he's not worried about it.
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Elliott Fishman

Director o, Trading Services Gro...

Price Price
$29.630
Owned Owned
Unknown

DON'T BUY
A good bank, but he questions if it's best in breed. Best in breed involves dominant industry position, sustainable competitive advantage, very strong management, high margins and ROC. There are better examples in the banking industry. Not very diversified geographically. Wealth management, insurance, and capital markets are voids in its portfolio.
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A good bank, but he questions if it's best in breed. Best in breed involves dominant industry position, sustainable competitive advantage, very strong management, high margins and ROC. There are better examples in the banking industry. Not very diversified geographically. Wealth management, insurance, and capital markets are voids in its portfolio.
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Brian Madden

Senior VP , Goodreid Investment ...

Price Price
$28.300
Owned Owned
No

HOLD
Canadian Western Bank(CWB-T) 

September 17, 2018

A mortgage- and loan-heavy bank, so it's more volatile than the big banks. But volatility is opportunity. Don't trade out of this for one to buy one of the big guys. Just stick with it.

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A mortgage- and loan-heavy bank, so it's more volatile than the big banks. But volatility is opportunity. Don't trade out of this for one to buy one of the big guys. Just stick with it.

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Douglas Kee

Chief Inve, Leon Frazer & Associ...

Price Price
$34.200
Owned Owned
Unknown

COMMENT
Canadian Western Bank(CWB-T) 

February 22, 2018

Tied in with Alberta's economy, but in the past few years has surprised all--its loans losses aren't as bad as people feared. They've weathered the oil crisis very well. Prefers banks not as regional as this one. If you're positive about Alberta's outlook, then CWB is a good hold. A few new pipelines would boost sentiment.

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Tied in with Alberta's economy, but in the past few years has surprised all--its loans losses aren't as bad as people feared. They've weathered the oil crisis very well. Prefers banks not as regional as this one. If you're positive about Alberta's outlook, then CWB is a good hold. A few new pipelines would boost sentiment.

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Michael Sprung

President, Sprung Investment Ma...

Price Price
$37.820
Owned Owned
Unknown

COMMENT
Canadian Western Bank(CWB-T) 

February 14, 2018

National Bank or Canadian Western Bank or Laurentian? Definitely National. It's growing in asset management and spending on technology, adapting their tech to their data findings. Drawback is it's Canadian-only focus. That said, he prefers larger banks operating in U.S. like TD and Royal.

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National Bank or Canadian Western Bank or Laurentian? Definitely National. It's growing in asset management and spending on technology, adapting their tech to their data findings. Drawback is it's Canadian-only focus. That said, he prefers larger banks operating in U.S. like TD and Royal.

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Zachary Curry

Chief Oper, Davis-Rea Ltd....

Price Price
$37.820
Owned Owned
Unknown

DON'T BUY
Canadian Western Bank(CWB-T) 

December 27, 2017

Doesn’t like. They don’t own any of the banks in Canada. It’s one he would avoid he doesn’t see good upside.  Had a nice rebounce coming back from the energy issues that plagued the sector in 2015 and early 2016. If he owned, he would look at trimming and wouldn’t be picking up here. The oil environment has improved and gotten a lot better and thinks Canadian Western Bank is fully valued at this point. It’s a valuation issue, and also a broader issue around the banking sector with valuations, you are paying for the fundamentals, and thinks fundamentals are rather toppy in terms of the credit cycle.

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Doesn’t like. They don’t own any of the banks in Canada. It’s one he would avoid he doesn’t see good upside.  Had a nice rebounce coming back from the energy issues that plagued the sector in 2015 and early 2016. If he owned, he would look at trimming and wouldn’t be picking up here. The oil environment has improved and gotten a lot better and thinks Canadian Western Bank is fully valued at this point. It’s a valuation issue, and also a broader issue around the banking sector with valuations, you are paying for the fundamentals, and thinks fundamentals are rather toppy in terms of the credit cycle.

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Geoff Scott

Institutio, Cambridge Global Ass...

Price Price
$38.970
Owned Owned
Unknown

HOLD
Canadian Western Bank(CWB-T) 

November 17, 2017

Although located in the West, the company is not dependent on oil and gas. They’ve been doing well. Have broken into eastern Canada a little. It is probably worth holding. 2.7% dividend yield.

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Although located in the West, the company is not dependent on oil and gas. They’ve been doing well. Have broken into eastern Canada a little. It is probably worth holding. 2.7% dividend yield.

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Michael Smedley

Exec VP & , Morgan Meighan & Ass...

Price Price
$35.310
Owned Owned
Unknown

DON'T BUY

This has had a great recovery with both the oil recovery and housing worries abatement. He wouldn’t look at this in relation to other Canadian banks. Has a yield of under 3%, and you can get Bank of Nova Scotia or Royal Bank that is closer to 4%.

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This has had a great recovery with both the oil recovery and housing worries abatement. He wouldn’t look at this in relation to other Canadian banks. Has a yield of under 3%, and you can get Bank of Nova Scotia or Royal Bank that is closer to 4%.

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Ryan Bushell

President, Newhaven Asset Manag...

Price Price
$33.950
Owned Owned
Unknown

BUY
Canadian Western Bank(CWB-T) 

September 21, 2017

It has had a wonderful rally.  He is more constructive now on energy than in quite some time.  This is a help from western Canada.  He prefers US banks to Canadian but certainly this one is acting great and he would not have a problem owning it.

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It has had a wonderful rally.  He is more constructive now on energy than in quite some time.  This is a help from western Canada.  He prefers US banks to Canadian but certainly this one is acting great and he would not have a problem owning it.

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David Burrows

President , Barometer Capital Ma...

Price Price
$32.000
Owned Owned
Unknown

DON'T BUY

This one is in the work out phase.  He stays with the larger banks.  You are takin on the Western economy with this one.  He prefers BNS-T and TD-T.

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This one is in the work out phase.  He stays with the larger banks.  You are takin on the Western economy with this one.  He prefers BNS-T and TD-T.

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Rick Stuchberry

Portfolio , Wellington-Altus Pri...

Price Price
$28.540
Owned Owned
No

PAST TOP PICK

*Short*.  (Top Pick Jun 10’16, Up 9.11%) This is a paired trade for him.  He has no specific target.

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*Short*.  (Top Pick Jun 10’16, Up 9.11%) This is a paired trade for him.  He has no specific target.

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Jerome Hass

Portfolio , Lightwater Partners...

Price Price
$27.720
Owned Owned
Yes

COMMENT

A levered way to play Canadian banks. When oil prices go down, this bank goes down more than it should. If you think oil prices are near their bottom, and he does, as they go up, this bank will catch up. This could be a really good levered play. Be careful, because if oil were to go back down to $40, this bank goes down.

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A levered way to play Canadian banks. When oil prices go down, this bank goes down more than it should. If you think oil prices are near their bottom, and he does, as they go up, this bank will catch up. This could be a really good levered play. Be careful, because if oil were to go back down to $40, this bank goes down.

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Bruce Campbell

President, Campbell and Lee Inv...

Price Price
$27.860
Owned Owned
Unknown

COMMENT

The whole banking sector is quite positive. The chart shows a little head and shoulders. If it can break above $32, it would probably run away pretty nicely. He likes the whole financial sector. (See Top Picks.)

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The whole banking sector is quite positive. The chart shows a little head and shoulders. If it can break above $32, it would probably run away pretty nicely. He likes the whole financial sector. (See Top Picks.)

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Hap (Robert) Sn

Chief Port, Castlemoore Inc....

Price Price
$27.380
Owned Owned
Unknown

COMMENT

Compared to Oil prices over the last 5 years, you can see it is a big proxy.  It is not a perfect correlation, but oil is a huge influence.  CWB-T will be a range trader for the next 5 years.

banks
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Compared to Oil prices over the last 5 years, you can see it is a big proxy.  It is not a perfect correlation, but oil is a huge influence.  CWB-T will be a range trader for the next 5 years.

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Larry Berman CF

Chief Inve, ETF Capital Manageme...

Price Price
$24.560
Owned Owned
Unknown

COMMENT
Canadian Western Bank(CWB-T) 

February 22, 2017

Has a long term Short on this. Looking back to the last downturn in 2008-2009, it took 17 quarters for them to get back to pre-recession provisioning levels. The current downturn in Alberta has been a lot longer and more protracted, so thinks the time horizon for provisions will probably be even longer than 17 quarters and doesn’t think the street is factoring that in.

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Has a long term Short on this. Looking back to the last downturn in 2008-2009, it took 17 quarters for them to get back to pre-recession provisioning levels. The current downturn in Alberta has been a lot longer and more protracted, so thinks the time horizon for provisions will probably be even longer than 17 quarters and doesn’t think the street is factoring that in.

banks
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Jerome Hass

Portfolio , Lightwater Partners...

Price Price
$30.410
Owned Owned
Yes

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