BMO Capital analyst Lana Chan reiterated a Buy rating on Signature Bank (NASDAQ: SBNY) on July 9 and set a price target of $165. The company’s shares closed yesterday at $128.60.
According to TipRanks.com, Chan is a 4-star analyst with an average return of 13.3% and a 70.0% success rate. Chan covers the Financial sector, focusing on stocks such as Westamerica Bancorporation, Huntington Bancshares Inc, and TCF Financial Corporation.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Signature Bank with a $165.38 average price target.
See today’s analyst top recommended stocks >>
Signature Bank’s market cap is currently $7.12B and has a P/E ratio of 24.31. The company has a Price to Book ratio of 1.78.
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.
Signature Bank engages in the provision of commercial bank services. It operates through the Commercial Banking and Specialty Finance business segments. The Commercial Banking segment offers commercial real estate lending, commercial and industrial lending, and commercial deposit gathering activities.
