Boenning & Scattergood analyst Erik Zwick maintained a Buy rating on Oceanfirst Financial (OCFC) today and set a price target of $28. The company’s shares opened today at $23.40.
According to TipRanks.com, Zwick is a 1-star analyst with an average return of -2.5% and a 41.5% success rate. Zwick covers the Financial sector, focusing on stocks such as Provident Financial Services, Bankwell Financial Group, and Community Bank System.
Currently, the analyst consensus on Oceanfirst Financial is a Strong Buy with an average price target of $29.
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The company has a one-year high of $30.90 and a one-year low of $21.30. Currently, Oceanfirst Financial has an average volume of 196.8K.
Based on the recent corporate insider activity of 26 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 OCFC 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.
OceanFirst Financial Corp. is a savings and loan holding company, which engages in the provision of financial services. Its subsidiary, OceanFirst Bank, offers commercial and residential financing solutions, wealth management, and deposit services. The company is headquartered in Toms River, NJ.
