Piper Sandler (NYSE:PIPR) analyst Matthew Clark maintained a Buy rating on Pacific Premier Bancorp (NASDAQ:PPBI) Inc on Thursday, setting a price target of $29, which is approximately 43.99% above the present share price of $20.14.
Clark expects Pacific Premier Bancorp Inc to post earnings per share (EPS) of -$1.41 for the fourth quarter of 2020.
The current consensus among 2 TipRanks analysts is for a Moderate Buy rating of shares in Pacific Premier Bancorp, with an average price target of $29.
The analysts price targets range from a high of $29 to a low of $29.
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of $131.41 million and a net profit of $0. The company's market cap is $1.9 billion.
According to TipRanks.com, Piper Sandler analyst Matthew Clark is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -5.3% and a 42.48% success rate.
Pacific Premier Bancorp, Inc. operates as a bank holding company, which engages in the provision of banking services through its subsidiary, Pacific Premier Bank. It offers deposit products and services for business and consumer customers, including checking, money market and savings accounts, cash management services, electronic banking, and on-line bill payment. The company was founded in 1997 and is headquartered in Irvine, CA.