Keefe Bruyette analyst Woody Lay has revised the price target for Community West Bancshares (CWBC, Financial), adjusting it downward to $19 from a previous $21. Despite this change, the analyst maintains a Market Perform rating for the company's shares.
This adjustment reflects revised expectations for the stock, though the ongoing rating suggests a stable outlook for CWBC at these levels. Investors and stakeholders may find this information pertinent as it signals a moderate expectation of the stock's near-term performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 4 analysts, the average target price for Community West Bancshares (CWBC, Financial) is $23.75 with a high estimate of $27.00 and a low estimate of $22.00. The average target implies an upside of 48.62% from the current price of $15.98. More detailed estimate data can be found on the Community West Bancshares (CWBC) Forecast page.
Based on the consensus recommendation from 5 brokerage firms, Community West Bancshares's (CWBC, Financial) average brokerage recommendation is currently 2.2, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Community West Bancshares (CWBC, Financial) in one year is $17.71, suggesting a upside of 10.83% from the current price of $15.98. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Community West Bancshares (CWBC) Summary page.