Oceanfirst Financial (OCFC) Receives a Buy from Raymond James


In a report released today, William Wallace from Raymond James maintained a Buy rating on Oceanfirst Financial (OCFC). The company’s shares closed last Wednesday at $15.19.

According to TipRanks.com, Wallace is a 3-star analyst with an average return of 1.3% and a 53.5% success rate. Wallace covers the Financial sector, focusing on stocks such as Meridian Interstate Bancorp, Dime Community Bancshares, and Atlantic Union Bankshares.

Oceanfirst Financial has an analyst consensus of Moderate Buy.

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Oceanfirst Financial’s market cap is currently $922.9M and has a P/E ratio of 10.50. The company has a Price to Book ratio of 1.03.

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OceanFirst Financial Corp. is a savings and loan holding company, which engages in the provision of financial services. Its subsidiary, OceanFirst Bank, offers commercial and residential financing solutions, wealth management, and deposit services. The company is headquartered in Toms River, NJ.

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