Analysts See $0.63 EPS for Canadian Western Bank (CWB)

Marco Green
August 23, 2017

Analysts await Royal Bank Of Canada (NASDAQ:RY) to report earnings on Aug, 23 for the fiscal quarter ending Jul 2017. Looking out over a next 5-year period, analysts expect the company to see its earnings go up by 4.38%, annually. Laurentian Bank of Canada (TSE:LB) has 0.00% since August 23, 2016 and is. After $1.39 actual EPS reported by Laurentian Bank of Canada for the previous quarter, Wall Street now forecasts 5.76 % EPS growth.

Total revenue for the three months ended July 31 was $9.99 billion, down 2.6 per cent from a year ago. Royal Bank Of Canada had a return on equity of 16.69% and a net margin of 23.16%. This is assuming the current $1.47 EPS is accurate.

Shares of Laurentian Bank of Canada (TSE LB) opened at 53.53 on Tuesday. The company has market cap of $751.92 million. The company's 50-day moving average is $54.37 and its 200-day moving average is $56.06. This represents a $2.48 dividend on an annualized basis and a yield of 4.63%. Royal Bank Of Canada's dividend payout ratio (DPR) is presently 49.36%. The firm has "Buy" rating by Argus Research given on Monday, December 12. The stock increased 0.43% or $0.24 on August 21, reaching $55.53. They now have a C$60.00 price objective on the stock. Zacks Investment Research upgraded shares of National Bank of Canada from a "hold" rating to a "buy" rating and set a $47.00 price target on the stock in a report on Wednesday, July 5th.

Cumberland Partners Ltd decreased Royal Bank Of Canada (RY) stake by 3.83% reported in 2016Q4 SEC filing. Scotiabank lowered their target price on Canadian Western Bank from C$29.00 to C$28.00 and set a "sector perform" rating for the company in a report on Friday, June 2nd. The stock has "Buy" rating by TD Securities on Monday, February 27. The company presently has a consensus rating of "Hold" and a consensus price target of $87.57. The legal version of this article can be viewed at If you are reading this story on another publication, it was illegally copied and republished in violation of US and global copyright and trademark laws.

National Bank of Canada has a 52-week low of $34.19 and a 52-week high of $46.10. The company was maintained on Monday, August 15 by Citigroup. The Company serves personal, business, public sector and institutional clients in Canada, the United States and approximately 40 other countries.

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