Analysts’ Opinions Are Mixed on These Financial Stocks: Westamerica Bancorporation (NASDAQ: WABC) and Santander Consumer USA (NYSE: SC)

By Jason Carr

Analysts have been eager to weigh in on the Financial sector with new ratings on Westamerica Bancorporation (NASDAQ: WABC) and Santander Consumer USA (NYSE: SC).

Westamerica Bancorporation (NASDAQ: WABC)

BMO Capital analyst Lana Chan reiterated a Sell rating on Westamerica Bancorporation (NASDAQ: WABC) yesterday and set a price target of $50. The company’s shares closed yesterday at $57.77.

According to TipRanks.com, Chan is a 5-star analyst with an average return of 14.0% and a 73.8% success rate. Chan covers the Financial sector, focusing on stocks such as TCF Financial Corporation, Cathay General Bancorp, and First Republic Bank.

Westamerica Bancorporation has an analyst consensus of Moderate Sell, with a price target consensus of $55.33.

Santander Consumer USA (NYSE: SC)

BMO Capital analyst James Fotheringham reiterated a Buy rating on Santander Consumer USA (NYSE: SC) yesterday and set a price target of $23. The company’s shares closed yesterday at $18.21, close to its 52-week high of $19.02.

According to TipRanks.com, Fotheringham is a 5-star analyst with an average return of 16.3% and a 80.5% success rate. Fotheringham covers the Financial sector, focusing on stocks such as Oaktree Specialty Lending Corporation, Goldman Sachs Group Inc, and Credit Acceptance Corp.

Currently, the analyst consensus on Santander Consumer USA is Moderate Buy and the average price target is $20.75, representing a 13.9% upside.

In a report issued on April 18, BTIG also maintained a Buy rating on the stock with a $21 price target.

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