In a report released yesterday, Austin Nicholas from Stephens maintained a Buy rating on Investors Bancorp (ISBC), with a price target of $13. The company’s shares closed yesterday at $10.66, close to its 52-week low of $10.27.
According to TipRanks.com, Nicholas ‘ ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -8.2% and a 20.8% success rate. Nicholas covers the Financial sector, focusing on stocks such as Union Bankshares Corporation, Howard Bancorp, Inc., and Old Line Bancshares.
Investors Bancorp has an analyst consensus of Moderate Buy, with a price target consensus of $13.
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Investors Bancorp’s market cap is currently $3.11B and has a P/E ratio of 18.70. The company has a Price to Book ratio of 1.03.
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Investors Bancorp, Inc. is a bank holding company for Investor Bank, which engages in the provison of banking services. Its services include complete deposit products, online banking, home equity loans and lines of credit, and a full array of mortgage loans.
