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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美東時間10月23日，多家華爾街大行更新了$Banc of California (BANC.US)$的評級，目標價介於17美元至19美元。
巴克萊銀行分析師Jared Shaw維持持有評級，並將目標價從16美元上調至17美元。
富國集團分析師Timur Braziler維持持有評級，並將目標價從16美元上調至17美元。
韋德布什分析師David Chiaverini維持買入評級，並將目標價從18美元上調至19美元。
Janney Montgomery分析師Timothy Coffey首次給予買入評級，目標價18美元。
此外，綜合報道，$Banc of California (BANC.US)$近期主要分析師觀點如下：
根據第三季度報告，預計banc of california的淨利息收益率將在第四季度增加，受證券重定位和資金再融資的影響。此外，第四季度和長期盈利目標的現有預測已經得到確認。
banc of california表現強勁，在提升短期淨利息收益率的同時，同時保持穩定的費用預測。
管理層提前完成了與PACW交易相關的重組工作的重要部分，這促使股價上升。仍有工作要做以提高盈利前景，但預計隨着時間的推移，有關每股收益的明確性將會得到改善。
以下爲今日4位分析師對$Banc of California (BANC.US)$的最新投資評級及目標價：
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