Great Western Bancorp (NYSE:GWB)‘s stock had its “buy” rating reaffirmed by research analysts at Keefe, Bruyette & Woods in a research report issued on Thursday. They currently have a $47.00 target price on the bank’s stock. Keefe, Bruyette & Woods’ price target points to a potential upside of 15.39% from the stock’s previous close.

Several other equities research analysts have also issued reports on GWB. Zacks Investment Research raised Great Western Bancorp from a “sell” rating to a “hold” rating in a research note on Thursday, August 24th. ValuEngine lowered Great Western Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Royal Bank of Canada reissued a “buy” rating and issued a $46.00 target price on shares of Great Western Bancorp in a research note on Friday, September 8th. TheStreet lowered Great Western Bancorp from a “b” rating to a “c” rating in a research note on Thursday, September 7th. Finally, Piper Jaffray Companies reissued a “hold” rating and issued a $40.00 target price on shares of Great Western Bancorp in a research note on Friday, October 27th. One analyst has rated the stock with a sell rating, five have given a hold rating and six have assigned a buy rating to the company’s stock. Great Western Bancorp has a consensus rating of “Hold” and a consensus price target of $45.33.

Shares of Great Western Bancorp (NYSE GWB) opened at $40.73 on Thursday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.02 and a current ratio of 1.02. Great Western Bancorp has a 52 week low of $33.27 and a 52 week high of $45.62. The stock has a market capitalization of $2,413.60, a PE ratio of 16.67, a price-to-earnings-growth ratio of 2.05 and a beta of 1.69.

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 Thomson Reuters’ consensus estimate of $0.61 by $0.03. Great Western Bancorp had a return on equity of 8.45% and a net margin of 29.09%. The firm had revenue of $116.50 million during the quarter, compared to analyst estimates of $117.75 million. During the same quarter in the previous year, the company posted $0.57 earnings per share. sell-side analysts forecast that Great Western Bancorp will post 2.6 EPS for the current year.

In related news, CFO Peter Robert Chapman sold 2,265 shares of the business’s stock in a transaction dated Wednesday, December 6th. The stock was sold at an average price of $40.57, for a total transaction of $91,891.05. Following the transaction, the chief financial officer now owns 16,964 shares in the company, valued at approximately $688,229.48. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Kenneth James Karels sold 24,000 shares of the business’s stock in a transaction dated Thursday, October 26th. The shares were sold at an average price of $41.09, for a total value of $986,160.00. Following the transaction, the insider now owns 53,702 shares in the company, valued at approximately $2,206,615.18. The disclosure for this sale can be found here. In the last three months, insiders sold 71,545 shares of company stock valued at $2,921,722. 0.19% of the stock is currently owned by corporate insiders.

Large investors have recently made changes to their positions in the stock. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Great Western Bancorp by 9.1% during the 2nd 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 period. Flinton Capital Management LLC increased its holdings in Great Western Bancorp by 85.4% during the 2nd 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 period. Victory Capital Management Inc. increased its holdings in Great Western Bancorp by 17.6% during the 2nd 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 period. Strs Ohio increased its holdings in Great Western Bancorp by 7.1% during the 2nd 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 period. Finally, Riverhead Capital Management LLC increased its holdings in Great Western Bancorp by 85.8% during the 2nd 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 period.

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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)

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