In a report issued on January 25, Michael Diana from Maxim Group reiterated a Buy rating on Customers Bancorp (CUBI), with a price target of $38.00. The company’s shares closed last Monday at $22.93.
According to TipRanks.com, Diana is a 4-star analyst with an average return of 4.6% and a 61.0% success rate. Diana covers the Financial sector, focusing on stocks such as First Savings Financial Group, Arlington Asset Investment, and Westamerica Bancorporation.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Customers Bancorp with a $28.50 average price target, representing a 23.5% upside. In a report issued on January 22, B.Riley FBR also reiterated a Buy rating on the stock with a $30.00 price target.
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Customers Bancorp’s market cap is currently $718.6M and has a P/E ratio of 11.21. The company has a Price to Book ratio of 0.86.
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Customers Bancorp, Inc. operates as a bank holding company. It operates through the following segments: Customers Bank Business Banking and BankMobile.
