Keefe, Bruyette & Woods reiterated their buy rating on shares of Great Western Bancorp (NYSE:GWB) in a research report released on Thursday morning. They currently have a $47.00 price objective on the bank’s stock.

Several other equities research analysts have also recently commented on the stock. Royal Bank of Canada reiterated a buy rating and issued a $46.00 price target on shares of Great Western Bancorp in a research report on Friday, September 8th. Zacks Investment Research upgraded shares of Great Western Bancorp from a sell rating to a hold rating in a research report on Wednesday, November 1st. ValuEngine cut shares of Great Western Bancorp from a buy rating to a hold rating in a research report on Thursday, November 9th. Deutsche Bank boosted their price target on shares of Great Western Bancorp from $43.00 to $44.00 and gave the stock a buy rating in a research report on Wednesday, November 8th. Finally, TheStreet cut shares of Great Western Bancorp from a b rating to a c rating in a research report on Thursday, September 7th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and six have given a buy rating to the company. Great Western Bancorp presently has a consensus rating of Hold and a consensus target price of $45.33.

Shares of Great Western Bancorp (NYSE:GWB) opened at $40.58 on Thursday. Great Western Bancorp has a one year low of $33.27 and a one year high of $45.62. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.43. The firm has a market cap of $2,390.00, a PE ratio of 16.56, a P/E/G ratio of 2.06 and a beta of 1.69.

Great Western Bancorp (NYSE:GWB) last issued its quarterly earnings results on Thursday, October 26th. The bank reported $0.64 EPS for the quarter, topping the consensus estimate of $0.61 by $0.03. Great Western Bancorp had a net margin of 29.09% and a return on equity of 8.45%. The firm had revenue of $116.50 million for the quarter, compared to analysts’ expectations of $117.75 million. During the same period in the previous year, the business earned $0.57 earnings per share. research analysts predict that Great Western Bancorp will post 2.6 EPS for the current year.

In related news, insider Kenneth James Karels sold 2,633 shares of Great Western Bancorp stock in a transaction dated Monday, October 23rd. The stock was sold at an average price of $41.18, for a total value of $108,426.94. Following the transaction, the insider now owns 68,335 shares of the company’s stock, valued at approximately $2,814,035.30. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Bryan Leighton Kindopp sold 1,304 shares of Great Western Bancorp stock in a transaction dated Tuesday, October 3rd. The shares were sold at an average price of $40.21, for a total value of $52,433.84. Following the transaction, the insider now directly owns 4,217 shares in the company, valued at approximately $169,565.57. The disclosure for this sale can be found here. Insiders sold a total of 71,545 shares of company stock worth $2,921,722 in the last three months. 0.23% of the stock is currently owned by company insiders.

Large investors have recently added to or reduced their stakes in the business. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Great Western Bancorp by 9.1% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,668 shares of the bank’s stock valued at $109,000 after acquiring an additional 223 shares in the last quarter. Flinton Capital Management LLC grew its stake in Great Western Bancorp by 85.4% during the 2nd quarter. Flinton Capital Management LLC now owns 3,056 shares of the bank’s stock valued at $125,000 after acquiring an additional 1,408 shares in the last quarter. Victory Capital Management Inc. grew its stake in Great Western Bancorp by 17.6% during the 2nd quarter. Victory Capital Management Inc. now owns 3,945 shares of the bank’s stock valued at $161,000 after acquiring an additional 591 shares in the last quarter. Strs Ohio grew its stake in Great Western Bancorp by 7.1% during the 2nd quarter. Strs Ohio now owns 4,500 shares of the bank’s stock valued at $183,000 after acquiring an additional 300 shares in the last quarter. Finally, Riverhead Capital Management LLC grew its stake in Great Western Bancorp by 85.8% during the 2nd quarter. Riverhead Capital Management LLC now owns 4,830 shares of the bank’s stock valued at $197,000 after acquiring an additional 2,230 shares in the last quarter.

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Great Western Bancorp Company Profile

Great Western Bancorp, Inc is a full-service regional bank holding company. The Company is the holding company of the Great Western Bank (the Bank). As of September 30, 2016, the Company served customers through 173 branches in various markets in Arizona, Colorado, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota and South Dakota.

Analyst Recommendations for Great Western Bancorp (NYSE:GWB)

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