Great Western Bancorp Inc. (NYSE:GWB) had its price objective boosted by Deutsche Bank AG from $38.00 to $39.00 in a research note released on Tuesday morning. Deutsche Bank AG currently has a buy rating on the stock.

GWB has been the subject of several other research reports. JPMorgan Chase & Co. restated a buy rating on shares of Great Western Bancorp in a report on Saturday, July 9th. Zacks Investment Research lowered shares of Great Western Bancorp from a hold rating to a sell rating in a report on Friday, July 15th. Piper Jaffray Cos. assumed coverage on shares of Great Western Bancorp in a report on Thursday, October 6th. They issued a neutral rating and a $35.00 price target for the company. Credit Suisse Group AG reaffirmed a sell rating on shares of Great Western Bancorp in a research report on Wednesday, August 24th. Finally, Keefe, Bruyette & Woods lifted their price objective on shares of Great Western Bancorp from $35.00 to $37.00 and gave the stock an outperform rating in a research report on Friday, July 29th. Two analysts have rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of $36.50.

Analyst Recommendations for Great Western Bancorp (NYSE:GWB)

Great Western Bancorp (NYSE:GWB) traded up 0.62% on Tuesday, reaching $33.84. 68,961 shares of the company’s stock traded hands. The stock has a market cap of $1.99 billion, a price-to-earnings ratio of 15.64 and a beta of 1.68. The stock has a 50 day moving average price of $33.15 and a 200 day moving average price of $32.02. Great Western Bancorp has a 12-month low of $22.68 and a 12-month high of $35.01.

Great Western Bancorp (NYSE:GWB) last posted its quarterly earnings results on Thursday, July 28th. The company reported $0.59 EPS for the quarter, beating the consensus estimate of $0.54 by $0.05. Great Western Bancorp had a net margin of 29.00% and a return on equity of 8.54%. During the same period last year, the company posted $0.50 earnings per share. Analysts forecast that Great Western Bancorp will post $2.29 EPS for the current year.

Hedge funds have recently made changes to their positions in the stock. O Shaughnessy Asset Management LLC boosted its stake in shares of Great Western Bancorp by 0.5% in the second quarter. O Shaughnessy Asset Management LLC now owns 3,331 shares of the company’s stock valued at $105,000 after buying an additional 17 shares during the last quarter. 1st Global Advisors Inc. boosted its stake in shares of Great Western Bancorp by 0.8% in the second quarter. 1st Global Advisors Inc. now owns 10,137 shares of the company’s stock valued at $320,000 after buying an additional 79 shares during the last quarter. Emerald Mutual Fund Advisers Trust boosted its stake in shares of Great Western Bancorp by 0.5% in the second quarter. Emerald Mutual Fund Advisers Trust now owns 125,723 shares of the company’s stock valued at $3,965,000 after buying an additional 659 shares during the last quarter. Victory Capital Management Inc. boosted its stake in shares of Great Western Bancorp by 77.5% in the second quarter. Victory Capital Management Inc. now owns 3,196 shares of the company’s stock valued at $101,000 after buying an additional 1,395 shares during the last quarter. Finally, Teacher Retirement System of Texas boosted its stake in shares of Great Western Bancorp by 27.6% in the second quarter. Teacher Retirement System of Texas now owns 8,245 shares of the company’s stock valued at $260,000 after buying an additional 1,785 shares during the last quarter.

Great Western Bancorp Company Profile

Great Western Bancorp, Inc is a bank holding company. The Company’s primary business is the ownership of its subsidiary, Great Western Bank (the Bank), which is a regional bank focused on relationship-based business and agribusiness banking. It also focuses on retail banking and wealth management services.

5 Day Chart for NYSE:GWB

Receive News & Stock Ratings for Great Western Bancorp Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Great Western Bancorp Inc. and related stocks with our FREE daily email newsletter.