On Oct 23, major Wall Street analysts update their ratings for $Banc of California (BANC.US)$, with price targets ranging from $17 to $19.
Barclays analyst Jared Shaw maintains with a hold rating, and adjusts the target price from $16 to $17.
Wells Fargo analyst Timur Braziler maintains with a hold rating, and adjusts the target price from $16 to $17.
Wedbush analyst David Chiaverini maintains with a buy rating, and adjusts the target price from $18 to $19.
Janney Montgomery analyst Timothy Coffey initiates coverage with a buy rating, and sets the target price at $18.
Furthermore, according to the comprehensive report, the opinions of $Banc of California (BANC.US)$'s main analysts recently are as follows:
Following the Q3 report, there is an anticipation of an increase in the net interest margin for Banc of California in Q4, influenced by securities repositioning and funding remix. Additionally, existing projections for Q4 and long-term profitability targets have been reaffirmed.
Banc of California delivered a strong quarterly performance and has enhanced its short-term net interest margin outlook, concurrently maintaining stable expense forecasts.
Management completed a significant portion of the restructuring efforts related to the PACW transaction ahead of schedule, which contributed to the rise in share value. There remains work to be done to enhance the profitability outlook, but clarity around earnings per share is expected to improve as time progresses.
Here are the latest investment ratings and price targets for $Banc of California (BANC.US)$ from 4 analysts:
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美东时间10月23日，多家华尔街大行更新了$Banc of California (BANC.US)$的评级，目标价介于17美元至19美元。
巴克莱银行分析师Jared Shaw维持持有评级，并将目标价从16美元上调至17美元。
富国集团分析师Timur Braziler维持持有评级，并将目标价从16美元上调至17美元。
韦德布什分析师David Chiaverini维持买入评级，并将目标价从18美元上调至19美元。
Janney Montgomery分析师Timothy Coffey首予买入评级，目标价18美元。
此外，综合报道，$Banc of California (BANC.US)$近期主要分析师观点如下：
根据第三季度报告，受证券再定位和资金调剂影响，预计 banc of california 的第四季度净利息收益率将有所增加。此外，已经重新确认了第四季度和长期盈利目标的现有预测。
banc of california 交出了强劲的季度表现，并提高了其短期净利息收益率展望，同时保持了稳定的费用预测。
管理层提前完成了与 PACW 交易相关的重组工作的重要部分，这有助于股价上涨。虽然仍有工作要做以提升盈利前景，但预计随着时间推移，关于每股收益的明晰度将得到改善。
以下为今日4位分析师对$Banc of California (BANC.US)$的最新投资评级及目标价：
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