Great Western Bancorp, Inc. (NYSE:GWB) had its target price hoisted by equities research analysts at Deutsche Bank AG from $43.00 to $44.00 in a research report issued to clients and investors on Wednesday. The brokerage currently has a “buy” rating on the bank’s stock. Deutsche Bank AG’s price objective points to a potential upside of 11.48% from the stock’s previous close.

GWB has been the topic of a number of other reports. FBR & Co lowered shares of Great Western Bancorp from a “buy” rating to a “neutral” rating and set a $44.00 target price on the stock. in a research note on Tuesday, October 31st. Keefe, Bruyette & Woods restated a “buy” rating and set a $46.00 target price on shares of Great Western Bancorp in a research note on Thursday, September 28th. B. Riley lowered shares of Great Western Bancorp from a “buy” rating to a “neutral” rating and set a $44.00 target price on the stock. in a research note on Wednesday, November 1st. Piper Jaffray Companies restated a “hold” rating and set a $41.00 target price on shares of Great Western Bancorp in a research note on Thursday, August 3rd. Finally, Zacks Investment Research upgraded shares of Great Western Bancorp from a “sell” rating to a “hold” rating in a research note on Wednesday, November 1st. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating to the company. Great Western Bancorp presently has an average rating of “Hold” and a consensus target price of $45.22.

Shares of Great Western Bancorp (NYSE GWB) traded up $0.18 during trading hours on Wednesday, reaching $39.47. 18,078 shares of the company’s stock were exchanged, compared to its average volume of 198,549. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.02 and a quick ratio of 1.00. The stock has a market capitalization of $2,388.07, a price-to-earnings ratio of 16.50, a PEG ratio of 2.03 and a beta of 1.72. Great Western Bancorp has a one year low of $32.25 and a one year high of $45.62.

Great Western Bancorp (NYSE:GWB) last issued its quarterly earnings results on Thursday, October 26th. The bank reported $0.64 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.61 by $0.03. The company had revenue of $116.50 million for the quarter, compared to analyst estimates of $117.75 million. Great Western Bancorp had a net margin of 29.09% and a return on equity of 8.45%. During the same period in the prior year, the firm earned $0.57 earnings per share. equities analysts forecast that Great Western Bancorp will post 2.6 earnings per share for the current fiscal year.

WARNING: “Great Western Bancorp, Inc. (GWB) PT Raised to $44.00 at Deutsche Bank AG” was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this article on another website, it was illegally stolen and reposted in violation of US & international copyright law. The legal version of this article can be viewed at https://www.thecerbatgem.com/2017/11/08/great-western-bancorp-inc-gwb-pt-raised-to-44-00-at-deutsche-bank-ag.html.

In other Great Western Bancorp news, insider Bryan Leighton Kindopp sold 1,304 shares of the stock in a transaction that occurred on Tuesday, October 3rd. The shares were sold at an average price of $40.21, for a total value of $52,433.84. Following the transaction, the insider now directly owns 4,217 shares in the company, valued at $169,565.57. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Kenneth James Karels sold 12,000 shares of the stock in a transaction that occurred on Tuesday, October 3rd. The shares were sold at an average price of $39.66, for a total transaction of $475,920.00. Following the completion of the transaction, the chief executive officer now owns 62,130 shares in the company, valued at $2,464,075.80. The disclosure for this sale can be found here. Insiders sold 69,280 shares of company stock worth $2,829,831 over the last quarter. 0.19% of the stock is currently owned by insiders.

Institutional investors have recently made changes to their positions in the business. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Great Western Bancorp by 9.1% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,668 shares of the bank’s stock valued at $109,000 after purchasing an additional 223 shares during the last quarter. Flinton Capital Management LLC increased its stake in Great Western Bancorp by 85.4% in the second quarter. Flinton Capital Management LLC now owns 3,056 shares of the bank’s stock valued at $125,000 after purchasing an additional 1,408 shares during the last quarter. Victory Capital Management Inc. increased its stake in Great Western Bancorp by 17.6% in the second quarter. Victory Capital Management Inc. now owns 3,945 shares of the bank’s stock valued at $161,000 after purchasing an additional 591 shares during the last quarter. Strs Ohio increased its stake in Great Western Bancorp by 7.1% in the second quarter. Strs Ohio now owns 4,500 shares of the bank’s stock valued at $183,000 after purchasing an additional 300 shares during the last quarter. Finally, Riverhead Capital Management LLC increased its stake in Great Western Bancorp by 85.8% in the second quarter. Riverhead Capital Management LLC now owns 4,830 shares of the bank’s stock valued at $197,000 after purchasing an additional 2,230 shares during the last quarter.

About Great Western Bancorp

Great Western Bancorp, Inc is a full-service regional bank holding company. The Company is the holding company of the Great Western Bank (the Bank). As of September 30, 2016, the Company served customers through 173 branches in various markets in Arizona, Colorado, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota and South Dakota.

Analyst Recommendations for Great Western Bancorp (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.