Western Alliance Bancorporation (NYSE:WAL) had its Buy rating reiterated by Stephens with a $60.00 price target

Analyst Ratings For Western Alliance Bancorporation (NYSE:WAL)

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Today, Stephens reiterated its Buy rating on Western Alliance Bancorporation (NYSE:WAL) with a price target of $60.00.

There are 9 Buy Ratings, 1 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Western Alliance Bancorporation (NYSE:WAL) is Buy with a consensus target price of $64.00 per share, a potential 53.11% upside.

Some recent analyst ratings include

  • 12/12/2018-Western Alliance Bancorporation (NYSE:WAL) had its Buy rating reiterated by Stephens with a $60.00 price target
  • 7/10/2018-Western Alliance Bancorporation (NYSE:WAL) has coverage initiated with a Outperform rating and $67.00 price target


  • On 10/24/2018 Michael Patriarca, Director, bought 2,140 with an average share price of $46.78 per share and the total transaction amounting to $100,109.20.
  • On 7/27/2018 Dale Gibbons, Vice Chairman, bought 2,093 with an average share price of $56.88 per share and the total transaction amounting to $119,049.84.
  • On 7/27/2018 Kenneth Vecchione, CEO, bought 10,400 with an average share price of $56.95 per share and the total transaction amounting to $592,280.00.
  • On 7/23/2018 Donald D Snyder, Director, sold 4,500 with an average share price of $58.64 per share and the total transaction amounting to $263,880.00.
  • On 6/14/2018 Donald D Snyder, Director, sold 6,352 with an average share price of $61.48 per share and the total transaction amounting to $390,520.96.
  • On 6/6/2018 Robert Reoch Mcauslan, EVP, sold 3,000 with an average share price of $62.26 per share and the total transaction amounting to $186,780.00.
  • On 5/4/2018 Sung Won Sohn, Director, sold 2,500 with an average share price of $60.00 per share and the total transaction amounting to $150,000.00.

About Western Alliance Bancorporation (NYSE:WAL)
Western Alliance Bancorporation operates as the holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada. The company offers deposit products, including checking accounts, savings accounts, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts. It also offers commercial and industrial loan products, such as working capital lines of credit, inventory and accounts receivable lines, mortgage warehouse lines, equipment loans and leases, and other commercial loans; commercial real estate loans, which are secured by multi-family residential properties, professional offices, industrial facilities, retail centers, hotels, and other commercial properties; construction and land development loans for single family and multi-family residential projects, industrial/warehouse properties, office buildings, retail centers, medical office facilities, and residential lot developments; and consumer loans. In addition, the company provides other financial services, such as Internet banking, wire transfers, electronic bill payment and presentment, lock box services, courier, and cash management services. Further, it holds certain investment securities, municipal and non-profit loans, and leases; invests primarily in low income housing tax credits and small business investment corporations; and holds certain real estate loans and related securities. As of December 31, 2017, the company operated 38 branch locations and 8 loan production offices. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona.

Recent Trading Activity for Western Alliance Bancorporation (NYSE:WAL)
Shares of Western Alliance Bancorporation closed the previous trading session at 41,80 up +2,11 5,32 % with 40.35 shares trading hands.

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