Great Western Bancorp, Inc. (NYSE:GWB) has been assigned an average rating of “Buy” from the thirteen analysts that are presently covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $45.25.

A number of equities research analysts have weighed in on the stock. BidaskClub upgraded shares of Great Western Bancorp from a “sell” rating to a “hold” rating in a research report on Saturday, June 10th. Royal Bank Of Canada reiterated a “buy” rating and set a $46.00 price target on shares of Great Western Bancorp in a research report on Friday, July 28th. Zacks Investment Research cut shares of Great Western Bancorp from a “hold” rating to a “sell” rating in a research report on Friday, August 18th. Stephens set a $46.00 price target on shares of Great Western Bancorp and gave the company a “buy” rating in a research report on Friday, July 28th. Finally, TheStreet cut shares of Great Western Bancorp from a “b” rating to a “c” rating in a research report on Thursday, September 7th.

Hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE grew its holdings in shares of Great Western Bancorp by 23.3% in the first quarter. Bank of America Corp DE now owns 1,036,061 shares of the bank’s stock valued at $43,940,000 after purchasing an additional 195,769 shares in the last quarter. Dubuque Bank & Trust Co. acquired a new position in shares of Great Western Bancorp in the second quarter valued at approximately $199,000. Ameriprise Financial Inc. grew its holdings in shares of Great Western Bancorp by 22.4% in the first quarter. Ameriprise Financial Inc. now owns 595,511 shares of the bank’s stock valued at $25,254,000 after purchasing an additional 109,101 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Great Western Bancorp by 6.4% in the second quarter. JPMorgan Chase & Co. now owns 2,445,666 shares of the bank’s stock valued at $99,807,000 after purchasing an additional 147,426 shares in the last quarter. Finally, UBS Asset Management Americas Inc. grew its holdings in shares of Great Western Bancorp by 48.7% in the first quarter. UBS Asset Management Americas Inc. now owns 31,552 shares of the bank’s stock valued at $1,338,000 after purchasing an additional 10,331 shares in the last quarter.

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Great Western Bancorp (NYSE:GWB) opened at 38.57 on Friday. The company has a market capitalization of $2.27 billion, a P/E ratio of 16.15 and a beta of 1.71. The company’s 50-day moving average is $36.71 and its 200 day moving average is $39.79. Great Western Bancorp has a one year low of $31.51 and a one year high of $45.62.

Great Western Bancorp (NYSE:GWB) last issued its earnings results on Thursday, July 27th. The bank reported $0.59 EPS for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.03). Great Western Bancorp had a return on equity of 8.44% and a net margin of 28.55%. The firm had revenue of $114.22 million for the quarter, compared to analysts’ expectations of $117.10 million. During the same period last year, the firm earned $0.59 earnings per share. Great Western Bancorp’s revenue for the quarter was up 13.4% on a year-over-year basis. On average, equities analysts anticipate that Great Western Bancorp will post $2.43 earnings per share for the current year.

Great Western Bancorp Company Profile

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)

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