Piper Jaffray analyst Matthew Breese reiterated a Buy rating on Camden National Corp (NASDAQ: CAC) today and set a price target of $51.50. The company’s shares closed yesterday at $44.65.
According to TipRanks.com, Breese is a 4-star analyst with an average return of 8.7% and a 72.4% success rate. Breese covers the Financial sector, focusing on stocks such as Metropolitan Bank Holding Corp, Provident Financial Services, and Financial Institutions Inc.
Camden National Corp has an analyst consensus of Moderate Buy, with a price target consensus of $51.50.
See today’s analyst top recommended stocks >>
Camden National Corp’s market cap is currently $695.5M and has a P/E ratio of 21.06. The company has a Price to Book ratio of 1.70.
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.
Camden National Corp. is a bank holding company, which through its bank subsidiary, engages in the provision of financial services to individuals and companies. Its services includes lending, checking, savings, and time deposits; cash management, brokerage, wealth management, and trust. The company was founded in 1984 and is headquartered in Camden, ME.
