In a report issued on July 18, Christopher Mcgratty from KBW reiterated a Hold rating on Hope Bancorp Inc (NASDAQ: HOPE), with a price target of $19. The company’s shares closed yesterday at $17.21.
According to TipRanks.com, Mcgratty is a 5-star analyst with an average return of 14.4% and a 74.3% success rate. Mcgratty covers the Financial sector, focusing on stocks such as Old National Bancorp Capital, TCF Financial Corporation, and Chemical Financial Corp.
Hope Bancorp Inc has an analyst consensus of Hold, with a price target consensus of $19.67.
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The company has a one-year high of $19.86 and a one-year low of $15.10. Currently, Hope Bancorp Inc has an average volume of 848.5K.
Based on the recent corporate insider activity of 22 insiders, corporate insider sentiment is negative on the stock.
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Hope Bancorp, Inc. is a holding company. Its products and services include certificate of deposit, online banking, bill payment, mobile banking, credits card and mortgage loans. The company was founded in February 2002 and is headquartered in Los Angeles, CA.
