NASDAQ:HOPE - Hope Bancorp Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $8.00
  • Forecasted Upside: -7.41 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$8.64
▲ +0.09 (1.05%)
1 month | 3 months | 12 months
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Analyst Price Target for HOPE

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$8.00
▼ -7.41% Downside Potential
This price target is based on 2 analysts offering 12 month price targets for Hope Bancorp in the last 3 months. The average price target is $8.00, with a high forecast of $8.00 and a low forecast of $8.00. The average price target represents a -7.41% upside from the last price of $8.64.
Hold
The current consensus among 2 contributing investment analysts is to hold stock in Hope Bancorp.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 3 hold ratings
  • 0 sell ratings
5/5/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
8/3/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/1/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/30/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/29/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/28/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/26/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings
10/26/2020

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/1/2020Piper SandlerLower Price TargetNeutral$9.00 ➝ $8.00Medium
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8/27/2020Raymond JamesReiterated RatingHoldLow
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10/18/2018DA DavidsonLower Price TargetNeutral$16.00Low
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Rating by G. Tenner at DA Davidson
10/17/2018Sandler O'NeillSet Price TargetHold$16.00Medium
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Rating by Aaron Deer at Sandler O'Neill
7/16/2018WedbushReiterated RatingNeutral ➝ Neutral$19.00 ➝ $18.00Low
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Rating by D. Chiaverini at Wedbush
5/30/2018DA DavidsonDowngradeBuy ➝ Neutral$20.00High
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Rating by G. Tenner at DA Davidson
4/18/2018DA DavidsonLower Price TargetBuy ➝ Buy$22.00 ➝ $20.00Low
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1/9/2018Piper Jaffray CompaniesReiterated RatingHold$22.00N/A
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11/2/2017Raymond JamesReiterated RatingOutperform ➝ Market PerformN/A
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10/26/2017Keefe, Bruyette & WoodsReiterated RatingHold$18.50N/A
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10/3/2017Keefe, Bruyette & WoodsReiterated RatingHold$17.50High
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9/18/2017DA DavidsonReiterated RatingBuy$21.00Low
i
9/15/2017FIG PartnersDowngradeOutperform ➝ Market Perform$20.00 ➝ $17.00Low
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Rating by T. Coffey at FIG Partners
9/7/2017Keefe, Bruyette & WoodsReiterated RatingHold$19.00High
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Rating by Melissa Roberts at Keefe, Bruyette & Woods
7/26/2017FIG PartnersDowngradeOutperform ➝ Market-PerformLow
i
Rating by T. Coffey at FIG Partners
6/27/2017WedbushReiterated RatingNeutral$20.00Medium
i
Rating by D. Chiaverini at Wedbush
5/30/2017Piper Jaffray CompaniesLower Price TargetNeutral$21.00 ➝ $20.00Low
i
5/19/2017FIG PartnersUpgradeMarket Perform ➝ OutperformLow
i
Rating by T. Coffey at FIG Partners
5/2/2017FIG PartnersUpgradeMarket Perform ➝ OutperformLow
i
Rating by T. Coffey at FIG Partners
4/17/2017Piper Jaffray CompaniesLower Price TargetNeutral$22.00 ➝ $21.00High
i
4/4/2017Keefe, Bruyette & WoodsSet Price TargetHold$22.00High
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Rating by Melissa Roberts at Keefe, Bruyette & Woods
1/26/2017Keefe, Bruyette & WoodsDowngradeOutperform ➝ Market PerformN/A
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7/25/2016Raymond JamesReiterated RatingOutperform$17.00N/A
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1/27/2016Piper Jaffray CompaniesReiterated RatingNeutral$18.00 ➝ $16.00N/A
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Rating by Matthew Clark at Piper Jaffray Companies
12/21/2015Keefe, Bruyette & WoodsUpgradeMarket Perform ➝ Outperform$16.50 ➝ $20.00N/A
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Rating by Julianna Balicka at Keefe, Bruyette & Woods
12/8/2015Piper Jaffray CompaniesUpgradeUnderweight ➝ Neutral$15.00 ➝ $18.00N/A
i
(Data available from 10/26/2015 forward)
Hope Bancorp logo
Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides banking services to small and medium-sized businesses and individuals in the United States. The company offers personal and business checking, money market, savings, time deposit, and individual retirement accounts. It also provides commercial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, and other business related financing needs; commercial real estate loans; small business administration (SBA) loans; and consumer loans, such as auto, home equity, single-family mortgage, and signature loans. In addition, the company offers trade finance services, including the issuance and negotiation of letters of credit, as well as handles documentary collections; commercial equipment lease financing; and warehouse lines of credit to mortgage loan originators. Further, it provides cash management services, such as remote deposit capture, lock box, and ACH origination services; investment and wealth management services; mobile banking; debit and credit card services; foreign exchanges services, safe deposit boxes, and other customary bank services; Internet banking and bill-pay services; and automated teller machine services. As of December 31, 2019, Hope Bancorp, Inc. operated 58 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia, Georgia, and Alabama; SBA loan production offices in Seattle, Denver, Dallas, Atlanta, Portland, Oregon, New York City, Northern California, and Houston; a commercial loan production office in Northern California and Seattle; residential mortgage loan production offices in California; and a representative office in Seoul, Korea. The company was formerly known as BBCN Bancorp, Inc. and changed its name to Hope Bancorp, Inc. in August 2016. Hope Bancorp, Inc. was incorporated in 2000 and is headquartered in Los Angeles, California.
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Today's Range

Now: $8.64
$8.48
$8.80

50 Day Range

MA: $7.94
$7.11
$8.72

52 Week Range

Now: $8.64
$7.03
$15.51

Volume

756,600 shs

Average Volume

914,404 shs

Market Capitalization

$1.06 billion

P/E Ratio

8.47

Dividend Yield

6.48%

Beta

1.67