Analyst Ratings For East West Bancorp, Inc. (NASDAQ:EWBC)
Today, Morgan Stanley raised its price target on East West Bancorp, Inc. (NASDAQ:EWBC) to $75.00 per share.
There are 8 Buy Ratings, 5 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.
The current consensus rating on East West Bancorp, Inc. (NASDAQ:EWBC) is Buy with a consensus target price of $71.50 per share, a potential 8.78% upside.
Some recent analyst ratings include
- 7/20/2018-Keefe, Bruyette & Woods Upgrade from a “Market Perform ” rating to a ” Outperform” rating.
- 3/22/2018-UBS Group initiated coverage with a Buy rating.
About East West Bancorp, Inc. (NASDAQ:EWBC)
East West Bancorp, Inc. operates as the bank holding company for East West Bank that provides a range of personal and commercial banking services to small and medium-sized businesses, business executives, professionals, and other individuals in the United States and Greater China. It operates through three segments: Retail Banking, Commercial Banking, and Other. The company offers various deposit products, including personal and business checking and savings accounts, time deposits, individual retirement accounts, travelers checks, safe deposit boxes, and MasterCard and Visa merchant deposit services. It is involved in lending activities, such as commercial and residential real estate, construction, and trade finance, as well as commercial business comprising accounts receivable, small business administration, inventory, and working capital loans. In addition, the company offers commercial lending loans that include commercial and industrial, multifamily residential, and land loans; and consumer lending loans, which comprise single-family residential, home equity lines of credit, and other consumer loans, as well as financing to clients needing a financial bridge to facilitate their business transactions between the United States and Greater China. Further, it provides various international finance, trade finance, and cash management services and products; treasury services; and Internet-based services, including online banking services. As of January 25, 2018, the company operated a network of approximately 130 locations in California, Georgia, Massachusetts, Nevada, New York, Texas, and Washington; full service branches in Hong Kong, Shanghai, Shantou, and Shenzhen; and representative offices in Beijing, Chongqing, Guangzhou, Taipei, and Xiamen. East West Bancorp, Inc. was founded in 1998 and is headquartered in Pasadena, California.
Recent Trading Activity for East West Bancorp, Inc. (NASDAQ:EWBC)
Shares of East West Bancorp, Inc. closed the previous trading session at 65,68 −0,86 1,29 % with 65.65 shares trading hands.
