Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $37.33 on Great Western Bancorp, Inc. (NYSE:GWB) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $2.29 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Great Western Bancorp, Inc. (NYSE:GWB) stands at 14.97.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Great Western Bancorp, Inc. Com, the PEG ratio for coming 3-5 years is 1.05.
The technical analysis highlights that Great Western Bancorp, Inc. Com current is trading $-0.68 points away or -2.04% from its 50-day moving average of $33.07. Further it is trading $2.37 or +7.90% away its 200-day moving average of $30.02.
The 52-week high of Great Western Bancorp, Inc. (NYSE:GWB) was $35.01 while lowest point recorded in 52-week was $22.68. It implies if stock price makes a movement of over $-2.62, it will record a new 52-week high. In the case of +42.81% drop, it will touch a new 52-week low.
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