The Westpac Banking Corp (ASX: WBC) share price has had a subdued month.
Unless something major happens tomorrow, the banking giant's shares are on course to end the month with a small decline.
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Will the Westpac share price perform better in September?
Unfortunately, knowing what the Westpac share price will do next month is impossible to say.
However, if we look at what a number of brokers are saying for the next 12 months, we may be able to get an idea of what might lay ahead for the shares of Australia's oldest bank.
What is being said about Westpac?
One broker that absolutely sees Westpac shares shooting higher from current levels is Goldman Sachs.
Its analysts are very bullish and have a conviction buy rating and $26.55 price target on the bank's shares.
Based on the current Westpac share price of $21.34, this means potential upside of 24% for investors over the next 12 months.
Goldman said: "We continue to see WBC as our preferred exposure to the A&NZ Financials."
Anything else?
The team at Citi also see the Westpac share price trading notably higher than current levels in the future.
A recent note reveals that its analysts have a buy rating and lofty $29.00 price target on its shares. This suggests even greater potential upside of 36% for investors over the next 12 months.
In response to Westpac's pillar 3 update, the broker said: "It is difficult to draw definitive conclusions from a Pillar 3 release, but we conclude WBC is tracking broadly in-line with expectations."
Finally, the team at UBS have only got a neutral rating on the bank's shares. But with a price target of $26.00, the broker sees plenty of scope for Westpac's shares to climb higher from where they trade today.
