Price Target Update on Investors Bancorp (NASDAQ:ISBC)

Investors Bancorp (NASDAQ:ISBC) has been rated by 5 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $14 and the lowest price target forecast is $12. The average forecast of all the analysts is $12.8 and the expected standard deviation is $0.91.

Other Equity analysts have also commented on the company shares. In the latest statement by the brokerage house, Compass Point downgrades its outlook on Investors Bancorp (NASDAQ:ISBC). The current rating of the shares is Sell, according to the research report released by the firm. Previously, the company had a rating of Neutral. The rating by the firm was issued on January 29, 2016.

Investors Bancorp (NASDAQ:ISBC): stock turned positive on Thursday. Though the stock opened at $11.65, the bulls momentum made the stock top out at $11.88 level for the day. The stock recorded a low of $11.65 and closed the trading day at $11.87, in the green by 2.68%. The total traded volume for the day was 2,159,775. The stock had closed at $11.56 in the previous days trading.

The company shares have dropped -7.59% from its 1 Year high price. On Nov 9, 2015, the shares registered one year high at $13.13 and the one year low was seen on Feb 11, 2016. The 50-Day Moving Average price is $11.66 and the 200 Day Moving Average price is recorded at $11.69. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Siekerka Michele N, director of Investors Bancorp, Inc., had unloaded 25,407 shares at an average price of $11.58 in a transaction dated on May 18, 2016. The total value of the transaction was worth $294,213.

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