B.Riley FBR analyst Steve Moss reiterated a Buy rating on Northwest Bancshares (NASDAQ:NWBI) on Tuesday, setting a price target of $12.5, which is approximately 25.94% above the present share price of $9.93.
Moss expects Northwest Bancshares to post earnings per share (EPS) of $0.08 for the third quarter of 2020.
The current consensus among 2 TipRanks analysts is for a Hold rating of shares in Northwest Bancshares, with an average price target of $11.25.
The analysts price targets range from a high of $12.5 to a low of $10.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $115.2 million and a net profit of $0. The company's market cap is $1.24 billion.
According to TipRanks.com, B.Riley FBR analyst Steve Moss is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -5.4% and a 40.00% success rate.
Northwest Bancshares, Inc. is a holding company. It offers personal & business banking products including employee benefits, investment management services, insurance and trust. It engages in collecting deposits and making loans secured by various types of collateral, including real estate and other assets. The company was founded on June 29, 2001 and is headquartered in Warren, PA.