In a report released today, Matthew Breese from Piper Jaffray reiterated a Hold rating on Bancorp Inc (NASDAQ: TBBK), with a price target of $11. The company’s shares opened today at $9.93.
According to TipRanks.com, Breese is a 4-star analyst with an average return of 8.2% and a 69.7% success rate. Breese covers the Financial sector, focusing on stocks such as Metropolitan Bank Holding Corp, Provident Financial Services, and Meridian Interstate Bancorp.
Bancorp Inc has an analyst consensus of Hold, with a price target consensus of $11.
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The company has a one-year high of $12 and a one-year low of $7.29. Currently, Bancorp Inc has an average volume of 263.4K.
Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock.
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The Bancorp, Inc. is a financial holding company, which engages in the provision of private label banking and financial services through the Bancorp Bank. It operates through the following segments: Specialty Finance, Payments, and Corporate.
