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NYSE:WAL

Western Alliance Bancorporation (WAL) Price Target & Analyst Ratings

$37.95

+3.70 (+10.80%)

(As of 06/2/2023 ET)

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Today's Range: $35.40
▼
$38.18
50-Day Range: $18.20
▼
$40.59
52-Week Range: $7.46
▼
$86.87

Volume: 5.19 million shs
Average Volume: 8.34 million shs
Market Capitalization: $4.16 billion

P/E Ratio: 4.33
Dividend Yield: 3.79%
Price Target: $59.25

Western Alliance Bancorporation Consensus Rating and Price Target (2023)

MarketBeat calculates 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 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's 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. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Moderate Buy
Based on 12 Analyst Ratings

Consensus Analyst Price Target

$59.25
56.13% Upside

High Prediction	$92.00
Average Prediction	$59.25
Low Prediction	$32.00

Type	Current 6/3/22 to 6/3/23	1 Month Ago 5/4/22 to 5/4/23	3 Months Ago 3/5/22 to 3/5/23	1 Year Ago 6/3/21 to 6/3/22
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	11 Buy rating(s)	10 Buy rating(s)	2 Buy rating(s)	7 Buy rating(s)
Hold	1 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$59.25	$58.96	$86.75	$124.13
Predicted Upside	56.13% Upside	49.97% Upside	33.79% Upside	21.18% Upside

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WAL Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

WAL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Western Alliance Bancorporation Stock vs. The Competition

Type	Western Alliance Bancorporation	Finance Companies	S&P 500
Consensus Rating Score	2.92	2.41	2.48
Consensus Rating	Moderate Buy	Hold	Hold
Predicted Upside	56.17% Upside	306.28% Upside	199.88% Upside
News Sentiment Rating	Positive News	Positive News	Positive News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

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Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
5/16/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$48.00 ➝ $42.00	+36.54%
5/5/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Overweight	$46.00	+152.75%
4/20/2023	Truist Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$50.00 ➝ $65.00	+64.35%
4/20/2023	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	$77.00 ➝ $57.50	+42.50%
4/20/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy	$62.00 ➝ $67.00	+66.05%
4/20/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$55.00 ➝ $59.00	+46.22%

4/20/2023	Piper Sandler Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight	$62.00 ➝ $53.00	+31.35%
4/19/2023	Odeon Capital Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Hold	$32.00	-1.57%
4/19/2023	Wedbush Subscribe to MarketBeat All Access for the recommendation accuracy rating	D. Chiaverini Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Outperform	$38.00 ➝ $50.00	+53.80%
4/6/2023	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	$85.00 ➝ $60.00	+94.93%
4/6/2023	Hovde Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$65.00 ➝ $55.00	+87.27%
3/14/2023	Wells Fargo & Company Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Overweight	$90.00 ➝ $65.00	+148.85%
1/26/2023	Stephens Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$80.00 ➝ $86.00	+19.88%
7/11/2022	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		$108.00 ➝ $92.00	+26.56%

(Data available from 6/3/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

WAL Price Target - Frequently Asked Questions

What is Western Alliance Bancorporation's consensus rating and price target?: According to the issued ratings of 12 analysts in the last year, the consensus rating for Western Alliance Bancorporation stock is Moderate Buy based on the current 1 hold rating and 11 buy ratings for WAL. The average twelve-month price prediction for Western Alliance Bancorporation is $59.25 with a high price target of $92.00 and a low price target of $32.00. Learn more on WAL's analyst rating history.
Do Wall Street analysts like Western Alliance Bancorporation more than its competitors?: Analysts like Western Alliance Bancorporation more than other Finance companies. The consensus rating for Western Alliance Bancorporation is Moderate Buy while the average consensus rating for finance companies is Hold. Learn more on how WAL compares to other companies.
Is Western Alliance Bancorporation being upgraded or downgraded by Wall Street analysts?: Over the previous 90 days, Western Alliance Bancorporation's stock had 3 upgrades and 1 downgrade by analysts.

Does Western Alliance Bancorporation's stock price have much upside?: According to analysts, Western Alliance Bancorporation's stock has a predicted upside of 63.01% based on their 12-month price targets.
What analysts cover Western Alliance Bancorporation?: Western Alliance Bancorporation has been rated by Bank of America, DA Davidson, Hovde Group, JPMorgan Chase & Co., Keefe, Bruyette & Woods, Odeon Capital Group, Piper Sandler, Royal Bank of Canada, Truist Financial, UBS Group, Wedbush, and Wells Fargo & Company in the past 90 days.

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This page (NYSE:WAL) was last updated on 6/3/2023 by MarketBeat.com Staff

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