ConnectOne Bancorp Inc (CNOB) is Initiated by FBR Capital to Outperform, Price Target at $21

ConnectOne Bancorp Inc (CNOB) was Initiated by FBR Capital to “Outperform” and the brokerage firm has set the Price Target at $21. FBR Capital advised their investors in a research report released on Jun 2, 2016.

Many Wall Street Analysts have commented on ConnectOne Bancorp Inc. ConnectOne Bancorp Inc was Initiated by Piper Jaffray to “Overweight” on Mar 7, 2016.

ConnectOne Bancorp Inc opened for trading at $16.27 and hit $16.3799 on the upside on Friday, eventually ending the session at $16.26, with a gain of 0.06% or 0.01 points. The heightened volatility saw the trading volume jump to 31,261 shares. Company has a market cap of $491 M.

In a different news, on May 18, 2016, Frank Iii Sorrentino (Chairman, President & CEO) sold 6,095 shares at $16.01 per share price. According to the SEC, on May 4, 2016, Nicholas Minoia (director) purchased 1,500 shares at $16.91 per share price. On Apr 21, 2016, Frederick S Fish (director) purchased 493 shares at $18.51 per share price, according to the Form-4 filing with the securities and exchange commission.

ConnectOne Bancorp Inc is the bank holding company of ConnectOne Bank (the Bank) a New Jersey-chartered commercial bank. The Bank offers range of deposit and loan products and services and other banking services. The Bank’s products and services include personal and business checking accounts retirement accounts money market accounts time and savings accounts credit cards wire transfers access to automated teller services Internet banking Treasury Direct ACH origination lockbox services and mobile banking by phone. The Company’s banking offices are located in Bergen Union Morris Essex Hudson Mercer and Monmouth Counties in New Jersey. The Bank’s market area includes Bergen Union Morris Essex Hudson Mercer and Monmouth counties New Jersey.

ConnectOne Bancorp Inc

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