5 Analysts Have This to Say About Pacific Premier Bancorp
Portfolio Pulse from Benzinga Insights
Pacific Premier Bancorp (NASDAQ:PPBI) received 5 analyst ratings in the last quarter with an average price target of $25.0, representing an implied upside from the current price of $23.5. The ratings include 2 bullish, 1 somewhat bullish, and 2 indifferent. The current average price target has increased by 1.63% from the previous target of $24.60.
December 04, 2023 | 4:00 pm
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POSITIVE IMPACT
Pacific Premier Bancorp's average price target has been raised to $25.0, suggesting a potential upside from the current price of $23.5. Analyst sentiment appears positive with more bullish and somewhat bullish ratings than indifferent.
The increase in the average price target and the predominance of bullish and somewhat bullish ratings indicate a positive outlook for Pacific Premier Bancorp, which could lead to a short-term increase in the stock price. However, the presence of indifferent ratings suggests some caution, tempering the potential impact.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100