Piper Sandler analyst Andrew Liesch maintained a Buy rating on FinWise (FINW – Research Report) today and set a price target of $12.00. The company’s shares closed yesterday at $8.50.
Liesch covers the Financial sector, focusing on stocks such as Axos Financial, FinWise, and Central Valley Community Bancorp. According to TipRanks, Liesch has an average return of 0.2% and a 38.34% success rate on recommended stocks.
Currently, the analyst consensus on FinWise is a Moderate Buy with an average price target of $12.00.
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FINW market cap is currently $108.1M and has a P/E ratio of 6.05.
Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of FINW in relation to earlier this year.
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FinWise (FINW) Company Description:
FinWise Bancorp is an independent bank that provides a full range of banking services to individual and corporate customers. The bank’s primary source of revenue is from loans including Small Business Administration, commercial, commercial real estate, residential real estate, and consumer.
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