Piper Sandler has adjusted its price target for Private Bancorp of America (PBAM, Financial), reducing it to $68 from a previous target of $78. Despite the decrease in the price target, the firm continues to rate the stock as Overweight, indicating a positive outlook for future performance.
The adjustment comes in light of the company's recent quarterly earnings report. Piper Sandler has raised its earnings per share (EPS) forecast for 2025, increasing it to $7.10 from $6.80. This upward revision reflects expectations of reduced non-interest expenses (NIE) and loan loss provisions (LLP). However, the firm has lowered its 2026 EPS estimate to $6.80 from $7.05 due to anticipated challenges related to net interest margin and slower loan growth.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 3 analysts, the average target price for Private Bancorp of America Inc (PBAM, Financial) is $70.33 with a high estimate of $75.00 and a low estimate of $68.00. The average target implies an upside of 35.26% from the current price of $52.00. More detailed estimate data can be found on the Private Bancorp of America Inc (PBAM) Forecast page.
Based on the consensus recommendation from 3 brokerage firms, Private Bancorp of America Inc's (PBAM, Financial) average brokerage recommendation is currently 1.7, 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 Private Bancorp of America Inc (PBAM, Financial) in one year is $50.72, suggesting a downside of 2.46% from the current price of $52. 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 Private Bancorp of America Inc (PBAM) Summary page.
