Western Alliance Bancorporation with ticker code (WAL) now have 12 analysts covering the stock with the consensus suggesting a buy rating. The range between the target price high and the target price low is between 141 and 105 calculating the average target price we have 116.25. Given that the stock’s previous close was at 79.06, this indicates that there is 47.0% upside potential. The 50-day MA is 77.86 while the 200-day moving average is 97.85. The company has a market capitalization of $8,068 million. You can visit the company’s website by visiting: https://www.westernalliancebancorporation.com
The potential market capitalization would be $11,863 million based on market consensus.
You can now share it on Stocktwits, just click on the logo below and add the ticker in the text to be seen.
Western Alliance Bancorporation operates as a bank holding company for Western Alliance Bank which provides various banking products and related services primarily in Arizona, California and Nevada. It operates in Commercial, Consumer Related, Corporate & Other segments. The Company offers deposit products, including checking, savings and money market accounts, as well as certificates of deposit accounts with fixed rates and fixed maturities; and cash management and residential mortgage products and services. It also offers commercial and industrial lending products, such as working capital lines of credit, technology company loans, inventory and accounts receivable lines, mortgage warehouse lines, business loans and leases. equipment and other commercial loans; commercial real estate loans, which are secured by multi-family residential properties, professional offices, industrial facilities, shopping malls, hotels and other commercial properties; construction and land development loans for single and multi-family residential projects, industrial/warehouse properties, office buildings, shopping malls, medical practices and residential land development; and consumer loans. In addition, the Company provides other financial services, such as internet banking, wire transfers, electronic bill payment and presentment, safe deposit box, courier and cash management services. In addition, it holds certain investment securities, municipal and not-for-profit loans and leases; invests primarily in low-income housing tax credits and small business investment companies; and holds certain real estate loans and related securities. The company operates 36 branches, as well as loan origination offices. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona.