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Hope Bancorp

HOPENASDAQ
Logo brought to you by Benzinga Data
$13.21
0.493.85%
At Close: -
$13.21
00.00%
After Hours: 4:00 PM EDT
15 minutes delayed
Consensus Rating1
Market Perform
Highest Price Target1
$14.00
Lowest Price Target1
$11.00
Consensus Price Target1
$12.50

Hope Bancorp (NASDAQ:HOPE) Stock, Analyst Ratings, Price Targets, Forecasts

Hope Bancorp Inc has a consensus price target of $12.5 based on the ratings of 3 analysts. The high is $14 issued by Keefe, Bruyette & Woods on July 30, 2024. The low is $11 issued by Wedbush on April 30, 2024. The 3 most-recent analyst ratings were released by Keefe, Bruyette & Woods, Keefe, Bruyette & Woods, and DA Davidson on July 30, 2024, May 1, 2024, and April 30, 2024, respectively. With an average price target of $12.83 between Keefe, Bruyette & Woods, Keefe, Bruyette & Woods, and DA Davidson, there's an implied -2.85% downside for Hope Bancorp Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Apr
1
May
1
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.3
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Keefe, Bruyette & Woods
DA Davidson
Wedbush

1calculated from analyst ratings

Analyst Ratings for Hope Bancorp

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FAQ

Q

What is the target price for Hope Bancorp (HOPE) stock?

A

The latest price target for Hope Bancorp (NASDAQ:HOPE) was reported by Keefe, Bruyette & Woods on July 30, 2024. The analyst firm set a price target for $14.00 expecting HOPE to rise to within 12 months (a possible 5.98% upside). 6 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Hope Bancorp (HOPE)?

A

The latest analyst rating for Hope Bancorp (NASDAQ:HOPE) was provided by Keefe, Bruyette & Woods, and Hope Bancorp maintained their market perform rating.

Q

When was the last upgrade for Hope Bancorp (HOPE)?

A

The last upgrade for Hope Bancorp Inc happened on April 30, 2024 when DA Davidson raised their price target to $12.5. DA Davidson previously had a neutral for Hope Bancorp Inc.

Q

When was the last downgrade for Hope Bancorp (HOPE)?

A

The last downgrade for Hope Bancorp Inc happened on May 18, 2022 when DA Davidson changed their price target from N/A to $16 for Hope Bancorp Inc.

Q

When is the next analyst rating going to be posted or updated for Hope Bancorp (HOPE)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Hope Bancorp, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Hope Bancorp was filed on July 30, 2024 so you should expect the next rating to be made available sometime around July 30, 2025.

Q

Is the Analyst Rating Hope Bancorp (HOPE) correct?

A

While ratings are subjective and will change, the latest Hope Bancorp (HOPE) rating was a maintained with a price target of $12.00 to $14.00. The current price Hope Bancorp (HOPE) is trading at is $13.21, which is within the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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