KBW analyst Collyn Gilbert reiterated a Buy rating on Peapack-Gladstone Financial Corp (PGC) on January 28 and set a price target of $34. The company’s shares closed yesterday at $27.
According to TipRanks.com, Gilbert is a 5-star analyst with an average return of 10.9% and a 62.9% success rate. Gilbert covers the Financial sector, focusing on stocks such as The First Of Long Island Corp, Dime Community Bancshares, and Bankwell Financial Group.
The word on The Street in general, suggests a Hold analyst consensus rating for Peapack-Gladstone Financial Corp with a $29.50 average price target.
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The company has a one-year high of $37.96 and a one-year low of $23.96. Currently, Peapack-Gladstone Financial Corp has an average volume of 79.28K.
Based on the recent corporate insider activity of 24 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 PGC in relation to earlier this year.
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Peapack-Gladstone Financial Corp. engages in the provision of private banking services to businesses, non-profits and consumer. It operates through the Banking and Private Wealth Management segments.
