NBT Bancorp Inc (NBTB) Gets a Hold Rating from Boenning & Scattergood


In a report released today, Erik Zwick from Boenning & Scattergood maintained a Hold rating on NBT Bancorp Inc (NBTB). The company’s shares opened today at $36.30.

Zwick wrote:

“We feel a premium multiple is warranted and shares are fairly valued at present. We maintain our Neutral rating.”

According to TipRanks.com, Zwick is a 1-star analyst with an average return of -2.4% and a 44.2% success rate. Zwick covers the Financial sector, focusing on stocks such as Bankwell Financial Group, Community Bank System, and The Bank of Princeton.

The word on The Street in general, suggests a Hold analyst consensus rating for NBT Bancorp Inc.

See today’s analyst top recommended stocks >>

NBT Bancorp Inc’s market cap is currently $1.58B and has a P/E ratio of 14.13. The company has a Price to Book ratio of 1.59.

Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative on the stock.

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NBT Bancorp, Inc. is a financial holding company, which engages in the provision of banking services through its subsidiaries NBT Bank. It also offers retail, and wealth management services. The company was founded in 1986 and is headquartered in Norwich, NY.

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