Hovde Group analyst Kevin Swanson reiterated a Hold rating on Meridian Interstate Bancorp (EBSB) on January 23 and set a price target of $15. The company’s shares opened today at $15.62.
According to TipRanks.com, Swanson is a 1-star analyst with an average return of -4.7% and a 33.3% success rate. Swanson covers the Financial sector, focusing on stocks such as Old National Bancorp Capital, ServisFirst Bancshares, and LegacyTexas Financial.
Meridian Interstate Bancorp has an analyst consensus of Hold, with a price target consensus of $18.50.
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Meridian Interstate Bancorp’s market cap is currently $802.4M and has a P/E ratio of 14.69. The company has a Price to Book ratio of 1.19.
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Meridian Bancorp, Inc. operates as a holding company, which engages in the provision of banking and financial services, through East Boston Savings Bank. It offers banking products such as mobile banking; retirement services; investments; savings and certificates of deposits; personal lending; auto loan; line of credit, and cash management.
