Benzinga · May 22, 2024
Analyst Expectations For Pacific Premier Bancorp's Future
In the latest quarter, 6 analysts provided ratings for Pacific Premier Bancorp (NASDAQ:PPBI), showcasing a mix of bullish and bearish perspectives. The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 2 3 0 0 Last 30D 0 0 1 0 0 1M Ago 1 2 2 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 0 0 0 Analysts' evaluations of 12-month price targets offer additional insights, showcasing an average target of $25.83, with a high estimate of $27.00 and a low estimate of $25.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 14.61%. Interpreting Analyst Ratings: A Closer Look The standing of Pacific Premier Bancorp among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target David Chiaverini Wedbush Maintains Neutral $25.00 - Matthew Clark Piper Sandler Lowers Overweight $26.00 $31.00 Gary Tenner DA Davidson Lowers Buy $27.00 $32.00 David Feaster Raymond James Lowers Outperform $25.00 $29.00 Christopher Mcgratty Keefe, Bruyette & Woods Lowers Market Perform $27.00 $29.00 David Chiaverini Wedbush Maintains Neutral $25.00 - Key Insights: Action Taken: Analysts respond to changes in market conditions and company performance, frequently ...Full story available on Benzinga.com
