In a report released today, Andrew Liesch from Piper Sandler maintained a Buy rating on FinWise (FINW – Research Report), with a price target of $12.00. The company’s shares closed yesterday at $10.20.
Liesch covers the Financial sector, focusing on stocks such as Central Valley Community Bancorp, First Busey, and Southern Missouri Bancorp. According to TipRanks, Liesch has an average return of 1.6% and a 42.51% success rate on recommended stocks.
FinWise has an analyst consensus of Moderate Buy, with a price target consensus of $12.00.
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FINW market cap is currently $129.7M and has a P/E ratio of 7.27.
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.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
Read More on FINW:
- FinWise Bancorp price target raised to $11 from $10 at Piper Sandler
- FinWise Bancorp Announces Additional Ownership Stake In Business Funding Group (BFG)
- FinWise Bancorp Reports Second Quarter 2023 Results
- FinWise Bancorp to Host Second Quarter 2023 Webcast and Conference Call on Thursday, July 27, 2023
