Companies in the Financial sector have received a lot of coverage today as analysts weigh in on M&T Bank (MTB) and Luther Burbank Corp (LBC).
M&T Bank (MTB)
KBW analyst Brian Klock reiterated a Buy rating on M&T Bank on December 11 and set a price target of $198. The company’s shares closed yesterday at $154.31, close to its 52-week low of $152.63.
According to TipRanks.com, Klock is ranked #621 out of 5108 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for M&T Bank with a $190 average price target.
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Luther Burbank Corp (LBC)
KBW analyst Jacquelynne Bohlen reiterated a Hold rating on Luther Burbank Corp on December 11 and set a price target of $11. The company’s shares closed yesterday at $9.15, close to its 52-week low of $9.12.
According to TipRanks.com, Bohlen is a 4-star analyst with an average return of 5.3% and a 56.4% success rate. Bohlen covers the Financial sector, focusing on stocks such as First Interstate Bancsystem, Pacific Premier Bancorp Inc, and Pacific City Financial Corp.
The word on The Street in general, suggests a Hold analyst consensus rating for Luther Burbank Corp with a $11.67 average price target.
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