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Banc of California Inc has a consensus price target of $16.55 based on the ratings of 11 analysts. The high is $22 issued by Raymond James on January 26, 2022. The low is $14 issued by Stephens & Co. on September 4, 2024. The 3 most-recent analyst ratings were released by Stephens & Co., Stephens & Co., and Wedbush on September 4, 2024, July 24, 2024, and July 24, 2024, respectively. With an average price target of $14 between Stephens & Co., Stephens & Co., and Wedbush, there's an implied 0.72% upside for Banc of California Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Banc of California (NYSE:BANC) was reported by Stephens & Co. on September 4, 2024. The analyst firm set a price target for $14.00 expecting BANC to rise to within 12 months (a possible 0.72% upside). 24 analyst firms have reported ratings in the last year.
The latest analyst rating for Banc of California (NYSE:BANC) was provided by Stephens & Co., and Banc of California reiterated their equal-weight rating.
The last upgrade for Banc of California Inc happened on March 22, 2024 when Keefe, Bruyette & Woods raised their price target to $18. Keefe, Bruyette & Woods previously had a market perform for Banc of California Inc.
The last downgrade for Banc of California Inc happened on October 4, 2023 when Wells Fargo changed their price target from N/A to $13.5 for Banc of California Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Banc of California, 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 Banc of California was filed on September 4, 2024 so you should expect the next rating to be made available sometime around September 4, 2025.
While ratings are subjective and will change, the latest Banc of California (BANC) rating was a reiterated with a price target of $14.00 to $14.00. The current price Banc of California (BANC) is trading at is $13.90, which is out of the analyst’s predicted range.
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