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A statement released earlier today by Barclays Capital about Canadian Western Bank (TSE:CWB) bumps the target price to $33.00

Yesterday Canadian Western Bank (TSE:CWB) traded 0.96% higher at $34.26. The company’s 50-day moving average is $32.67 and its 200-day moving average is $28.60. The last closing price is up 20.82% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 172,301 shares of the stock were exchanged, down from an average trading volume of 383,340

Barclays Capital bumped up the target of Canadian Western Bank (TSE:CWB) to $33.00 indicating a possible downside of -0.04%.

Previously on 11/01/2017, Canaccord Genuity reported on Canadian Western Bank (TSE:CWB) raised the target price from $33.00 to $35.00. At the time, this indicated a possible downside of -0.02%.

See Chart Below

Canadian Western Bank (TSE:CWB)

Canadian Western Bank has a 52 week low of $23.68 and a 52 week high of $34.62 with a P/E ratio of 15.15 The company’s market cap is currently $0.

In addition to Barclays Capital reporting its target price, a total of 13 brokers have issued a report on the stock. The consensus target price is $22.73 with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 10 brokers rating the stock a hold, 4 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Canadian Western Bank (TSE:CWB)

Canadian Western Bank (CWB) is a Canada-based bank engaged in offering a range of financial services. The Bank specializes in mid-market commercial banking, real estate and construction financing, and equipment financing and leasing. The Bank offers financing solutions through CWB Equipment Financing, National Leasing, CWB Maxium Financial, CWB Franchise Finance and CWB Optimum Mortgage, trust services through Canadian Western Trust and wealth advisory services through CWB Wealth Management. It offers a range of loans, such as general commercial loans, real estate project loans, personal loans and mortgages, commercial mortgages, corporate lending, and oil and gas production loans. It focuses on general commercial, agriculture, healthcare, and golf and turf sectors. It offers a range of personal banking services, including checking and savings accounts, mortgages, home equity lines of credit, personal loans and investment products through its branch network across Western Canada.

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