Great Western Bancorp (NYSE:GWB) Has Just Had Its TP Upped by Stock Analysts at KBW to $34.00

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Stock Analysis:Great Western Bancorp (NYSE:GWB) Stock Target Increased

In analysts note released by KBW on 2 December, Great Western Bancorp (NYSE:GWB) had its target price hiked to $34.00. The firm right now has a solid “Outperform” rating on shares.

From a total of 8 analysts covering Great Western (NYSE:GWB) stock, 8 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that 100% of the ratings are positive. The highest target price is $35 while the lowest target price is $30. The mean of all analyst targets is $33.06 with a 7.25% above today’s ($30.77) stock price. Great Western was the topic of 4 analyst reports since September 14, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets maintained shares on November 13 with “Outperform” rating. Beaufort Securities maintained GWB stock in a recent report from September 14 with “Speculative Buy” rating.

Approximately 70,021 shares of stock traded hands. Great Western Bancorp Inc (NYSE:GWB) has risen 33.57% since April 29, 2015 and is uptrending. It has outperformed by 33.77% the S&P500.

Great Western Bancorp, Inc. is a full-service regional bank holding firm focused on relationship business and agribusiness banking. The company has a market cap of $1.70 billion. The Bank serves its clients through 162 branches in attractive markets in seven states: South Dakota, Iowa, Nebraska, Colorado, Arizona, Kansas and Missouri. It has 17.28 P/E ratio. It focuses on business and agribusiness banking, complemented by retail banking and wealth management services.

According to Zacks Investment Research, “Great Western Bancorp Inc. is a full-service regional bank holding company. It focuses on business and agribusiness banking, complemented by retail banking and wealth management services. The Bank’s loan portfolio consists primarily of business loans, comprised of commercial and industrial, and agribusiness loans. It also provides a range of deposit and loan products to its retail customers through several channels, including its branch network, online banking system, mobile banking applications and customer care centers. The Bank provides wealth management solutions consisting of financial planning, private banking, investment management, and trust services. Great Western Bancorp, Inc. is headquartered in Sioux Falls, South Dakota.” Get a free copy of the Zacks research report on Great Western Bancorp Inc (GWB).

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