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 lowered by Royal Bank of Canada from C$13.00 to C$12.00 in a note issued to investors on Friday, The Fly reports.

Chesswood Group Trading Down 4.6 %

Shares of CHWWF opened at $6.91 on Friday. Chesswood Group has a 12 month low of $7.02 and a 12 month high of $12.15. The stock has a fifty day moving average price of $8.44 and a 200-day moving average price of $8.66.

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.