Stephens analyst Tyler Stafford maintained a Buy rating on Pacwest Bancorp (NASDAQ: PACW) today and set a price target of $58. The company’s shares opened today at $50.06.
According to TipRanks.com, Stafford is a 5-star analyst with an average return of 16.6% and a 79.5% success rate. Stafford covers the Financial sector, focusing on stocks such as Capstar Financial Holdings Inc, Carolina Financial Corporation, and Pinnacle Financial Partners.
Currently, the analyst consensus on Pacwest Bancorp is a Moderate Buy with an average price target of $55.75.
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Pacwest Bancorp’s market cap is currently $6.16B and has a P/E ratio of 14.94. The company has a Price to Book ratio of 1.29.
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PacWest Bancorp is a bank holding company that specializes in financial and banking solutions. Through the Pacific Western Bank, it offers commercial banking services, including real estate, construction, commercial loans, comprehensive deposit, and treasury management services to small and middle-market businesses.
