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Canadian Western Bank (CWB-T) opinion on 2017-02-22

Last Price Recorded: 37.2200 on 2017-12-14

ON STOCKCHASE SINCE Jan 2001

banks
banks
COMMENT

Jerome Hass
Canadian Western Bank was $30.410 at time of opinion
Owned : Yes

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.

CAUTIOUS

All opinions for CWB-T (204)

51 BUY
7 BUY on WEAKNESS
38 COMMENT
43 DON'T BUY
19 HOLD
2 PARTIAL BUY
1 PARTIAL SELL
11 PAST TOP PICK
4 SELL
1 SELL ON STRENGTH
9 TOP PICK
2 VAGUE
5 WAIT
6 WATCH
5 WEAK BUY
View All

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All opinions for CWB-T (204)

51 BUY
7 BUY on WEAKNESS
38 COMMENT
43 DON'T BUY
19 HOLD
2 PARTIAL BUY
1 PARTIAL SELL
11 PAST TOP PICK
4 SELL
1 SELL ON STRENGTH
9 TOP PICK
2 VAGUE
5 WAIT
6 WATCH
5 WEAK BUY
View All

More experts covering CWB-T

SAVE
Add CWB-T to Watch List

Last 60 Days Opinions

HOLD
4 weeks ago

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