Amalgamated Bank (AMAL) Gets a Buy Rating from Barclays


Barclays analyst Jason Goldberg maintained a Buy rating on Amalgamated Bank (AMAL) yesterday and set a price target of $20. The company’s shares closed last Monday at $15.68, close to its 52-week low of $14.58.

According to TipRanks.com, Goldberg is a 4-star analyst with an average return of 5.8% and a 60.6% success rate. Goldberg covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Goldman Sachs Group Inc, and Svb Financial Group.

Amalgamated Bank has an analyst consensus of Moderate Buy, with a price target consensus of $19.

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The company has a one-year high of $22.97 and a one-year low of $14.58. Currently, Amalgamated Bank has an average volume of 30.63K.

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Amalgamated Bank provides commercial banking services. The firm offers checking, savings, certificates of deposit, money market, and individual retirement accounts, home equity lines of credit options, mortgages, personal loans and lines of credit options. The company was founded in 1923 and is headquartered in New York, NY.

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