Royal Bank of Canada Lowers Chesswood Group (OTCMKTS:CHWWF) Price Target to C$12.00

Chesswood Group (OTCMKTS:CHWWF – Get Rating) had its target price decreased by investment analysts at Royal Bank of Canada from C$13.00 to C$12.00 in a research note issued to investors on Friday, The Fly reports.

Chesswood Group Price Performance

CHWWF opened at $6.91 on Friday. The company’s 50 day simple moving average is $8.44 and its two-hundred day simple moving average is $8.66. Chesswood Group has a 1-year low of $7.02 and a 1-year high of $12.15.

About Chesswood Group

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Chesswood Group Ltd. is a commercial equipment finance company focused on small and medium-sized businesses. It operates through the U.S. Equipment Financing and Canada Equipment Financing segments. The U.S. Equipment Financing segment is involved in a small-ticket equipment leasing and lending to small and medium-sized businesses.