Maxim Group analyst Michael Diana maintained a Buy rating on Westamerica Bancorporation (NASDAQ:WABC) on Monday, setting a price target of $72, which is approximately 20.44% above the present share price of $59.78.
Diana expects Westamerica Bancorporation to post earnings per share (EPS) of $0.74 for the first quarter of 2021.
The current consensus among 1 TipRanks analysts is for a Moderate Buy rating of shares in Westamerica Bancorporation, with an average price target of $72.
The analysts price targets range from a high of $72 to a low of $72.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $51.38 million and a net profit of $0. The company's market cap is $1.61 billion.
According to TipRanks.com, Maxim Group analyst Michael Diana is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 4.9% and a 53.46% success rate.
Westamerica Bancorporation operates as a bank holding company. It provides range of banking services to individual and corporate customers in Northern and Central California. The company provides loans and lines of credit, online services, mobile banking, checking, savings, credit cards, cash management, overdraft services, merchant services, professional banking, bank owned property, preventing business loans, payroll services, and trust services. Westamerica Bancorp was founded in 1972 and is headquartered in San Rafael, CA.