Analyst Ratings for PrivateBancorp Inc. (PVTB)

Updated: 2017-06-22

PrivateBancorp Inc. (NASDAQ:PVTB) was awarded an average rating of Hold from investment analysts following the stock. Last month, PVTB received an average rating of Hold.

Of the 10 analysts covering the stock, 0 gave it a buy rating, 0 issued an overweight rating, 10 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.

Several price targets were given for PVTB by the analysts covering the stock. The most optimistic analyst gave a price target of 63, implying a possible profit of 3.33 percent. The most pessimistic price target was 56, which equates to a potential downside of -8.15 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. The average change in earnings estimates over the last 90 days is 4.11 percent. Meanwhile, fiscal year estimates have been revised downwards by -0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 3.56 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of PVTB to grow at a rate of 15.34 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of PVTB is 1.5.

PVTB has traded between a high of 61.12 and a low of 34.00 over the past year. Currently the stock is 79.32 percent higher than its low, and below the high by 0.25 percent. PVTB has a price/earnings ratio of 23.01. Investors typically compare the P/E ratio to a company's peers in the industry. The PVTB value stock report compares PVTB to some of its peers using value stock charts. The market cap of PVTB is $4.83 billion. PVTB will post this quarters earnings in days, on 0000-00-00.