Great Western Bancorp (GWB) Receives Price Target

Great Western Bancorp (GWB) : Currently there are 3 street experts covering Great Western Bancorp (GWB) stock. The most bullish and bearish price target for the stock is $38 and $34 respectively for the short term. The average price target of all the analysts comes to $36.67. The estimated standard deviation from the target is $2.31.

Great Western Bancorp (GWB) : 4 analysts are covering Great Western Bancorp (GWB) and their average rating on the stock is 1.5, which is read as a Strong Buy. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Great Western Bancorp (GWB) also receives 2 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 2, which recommends a Buy affirms that they expect a large upside in the stock from the current levels.


Also, In a research note released to the investors, Deutsche Bank maintains its rating on Great Western Bancorp (NYSE:GWB).The analysts at the brokerage house have a current rating of Buy on the shares. In a recent information released to the investors, Deutsche Bank raises the new price target from $36 per share to $38 per share. The rating by the firm was issued on July 29, 2016.

Great Western Bancorp (NYSE:GWB): The stock opened at $34.36 on Thursday but the bulls could not build on the opening and the stock topped out at $34.48 for the day. The stock traded down to $33.49 during the day, due to lack of any buying support eventually closed down at $33.77 with a loss of -1.37% for the day. The stock had closed at $34.24 on the previous day. The total traded volume was 215,899 shares.

Great Western Bancorp, Inc. is a full-service regional bank holding company focused on relationship-based business and agribusiness banking. The Bank serves its customers through 162 branches in attractive markets in seven states: South Dakota, Iowa, Nebraska, Colorado, Arizona, Kansas and Missouri. It focuses on business and agribusiness banking, complemented by retail banking and wealth management services. Its loan portfolio consists primarily of business loans, comprised of commercial and industrial, which it refer to as commercial non-real estate, and commercial real estate (CRE), loans, and agribusiness loans. As of June 30, 2014, its business and agribusiness loans collectively accounted for 85% of its total loan portfolio. 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.

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