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Hope Bancorp Inc has a consensus price target of $12.5 based on the ratings of 3 analysts. The high is $14 issued by Keefe, Bruyette & Woods on July 30, 2024. The low is $11 issued by Wedbush on April 30, 2024. The 3 most-recent analyst ratings were released by Keefe, Bruyette & Woods, Keefe, Bruyette & Woods, and DA Davidson on July 30, 2024, May 1, 2024, and April 30, 2024, respectively. With an average price target of $12.83 between Keefe, Bruyette & Woods, Keefe, Bruyette & Woods, and DA Davidson, there's an implied 3.75% upside for Hope Bancorp Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Hope Bancorp (NASDAQ:HOPE) was reported by Keefe, Bruyette & Woods on July 30, 2024. The analyst firm set a price target for $14.00 expecting HOPE to rise to within 12 months (a possible 13.18% upside). 5 analyst firms have reported ratings in the last year.
The latest analyst rating for Hope Bancorp (NASDAQ:HOPE) was provided by Keefe, Bruyette & Woods, and Hope Bancorp maintained their market perform rating.
The last upgrade for Hope Bancorp Inc happened on April 30, 2024 when DA Davidson raised their price target to $12.5. DA Davidson previously had a neutral for Hope Bancorp Inc.
The last downgrade for Hope Bancorp Inc happened on May 18, 2022 when DA Davidson changed their price target from N/A to $16 for Hope Bancorp Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Hope Bancorp, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Hope Bancorp was filed on July 30, 2024 so you should expect the next rating to be made available sometime around July 30, 2025.
While ratings are subjective and will change, the latest Hope Bancorp (HOPE) rating was a maintained with a price target of $12.00 to $14.00. The current price Hope Bancorp (HOPE) is trading at is $12.37, which is within the analyst’s predicted range.
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