Is Banc Of California Stock a good buy in 2023, according to Wall Street analysts?
The consensus among 3 Wall Street analysts covering (NYSE: BANC) stock is to Strong Buy BANC stock.
Out of 3 analysts, 2 (66.67%) are recommending BANC as a Strong Buy, 1 (33.33%) are recommending BANC as a Buy, 0 (0%) are recommending BANC as a Hold, 0 (0%) are recommending BANC as a Sell, and 0 (0%) are recommending BANC as a Strong Sell.
What is BANC's forecast return on equity (ROE) for 2023-2023?
(NYSE: BANC) forecast ROE is 12.06%, which is considered weak.
What is BANC's Price Target?
According to 3 Wall Street analysts that have issued a 1 year BANC price target, the average BANC price target is $17.00, with the highest BANC stock price forecast at $18.00 and the lowest BANC stock price forecast at $16.00.
On average, Wall Street analysts predict that Banc Of California's share price could reach $17.00 by Apr 24, 2024. The average Banc Of California stock price prediction forecasts a potential upside of 41.78% from the current BANC share price of $11.99.
What is BANC's forecast return on assets (ROA) for 2023-2023?
(NYSE: BANC) forecast ROA is 1.23%, which is lower than the forecast US Banks - Regional industry average of 20.89%.
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