Stock Research Monitor: PACW, SIVB, and UMPQ
LONDON, UK / ACCESSWIRE / May 10, 2018 / If you want a free Stock Review on HOPE sign up now at www.wallstequities.com/registration. On Wednesday, May 09, 2018, US markets saw broad based gains with eight out of nine sectors finishing the trading sessions in green. Major US indices were also bullish at the close of yesterday's session. The NASDAQ Composite ended the day at 7,339.91, up 1.00%; the Dow Jones Industrial Average edged 0.75% higher, to finish at 24,542.54; and the S&P 500 closed at 2,697.79, up 0.97%. This Thursday morning, WallStEquities.com looks at the performance of these four Regional - Pacific Banks stocks: Hope Bancorp Inc. (NASDAQ: HOPE), PacWest Bancorp (NASDAQ: PACW), SVB Financial Group (NASDAQ: SIVB), and Umpqua Holdings Corp. (NASDAQ: UMPQ). All you have to do is sign up today for this free limited time offer by clicking the link below.
On Wednesday, shares in Los Angeles, California headquartered Hope Bancorp Inc. recorded a trading volume of 6.70 million shares, which was above their three months average volume of 560.37 thousand shares. The stock ended the session 0.55% higher at $18.21. The Company's shares have gained 1.96% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 0.17% and 1.98%, respectively. Moreover, shares of Hope Bancorp, which operates as the bank holding company for Bank of Hope that provides banking services primarily to small and medium-sized businesses and individuals in the US, have a Relative Strength Index (RSI) of 55.31. Get the full research report on HOPE for free by clicking below at:
Beverly Hills, California headquartered PacWest Bancorp's stock closed the day 1.09% higher at $53.58 with a total trading volume of 605,354 shares. The Company's shares have advanced 10.00% in the past month. The stock is trading above its 50-day and 200-day moving averages by 4.87% and 8.93%, respectively. Additionally, shares of PacWest Bancorp, which operates as the holding company for Pacific Western Bank, a state-chartered bank that provides commercial banking products and services, have an RSI of 62.80.
On April 10th, 2018, research firm Raymond James upgraded the Company's stock rating from ‘Market Perform' to ‘Strong Buy'. Free research on PACW can be accessed at:
SVB Financial Group
Shares in Santa Clara, California headquartered SVB Financial Group recorded a trading volume of 387,591 shares. The stock ended yesterday's trading session 1.40% higher at $317.12. The Company's shares have advanced 29.09% in the past month, 31.85% over the previous three months, and 70.53% in the past twelve months. The stock is trading above its 50-day and 200-day moving averages by 21.89% and 42.83%, respectively. Furthermore, shares of SVB Financial, which provides various banking and financial products and services, have an RSI of 76.98.
On April 30th, 2018, research firm Maxim Group reiterated its ‘Buy' rating on the Company's stock with an increase of the target price from $300 a share to $350 a share. Sign up today for the free research report on SIVB at:
Portland, Oregon headquartered Umpqua Holdings Corp.'s stock finished Wednesday's session 0.97% higher at $23.94 with a total trading volume of 1.37 million shares. The Company's shares have advanced 10.02% in the last month, 12.45% over the previous three months, and 33.22% in the past twelve months. The stock is trading above its 50-day and 200-day moving averages by 6.82% and 15.82%, respectively. Additionally, shares of Umpqua, which through its subsidiaries, provides commercial and retail banking, and retail brokerage services, have an RSI of 61.61.
On May 02nd, 2018, research firm Wedbush downgraded the Company's stock rating from ‘Outperform' to ‘Neutral', with a target price of $25 per share. Wall St. Equities' research coverage also includes the downloadable free report on UMPQ at:
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