Brokerage Firm Rating on Investors Bancorp (ISBC)

Investors Bancorp (ISBC) : The consensus on Investors Bancorp (ISBC) based on 7 analyst recommendation on the company stock is 2.57, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 1 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Investors Bancorp (ISBC) : 5 Wall Street analysts covering Investors Bancorp (ISBC) believe that the average level the stock could reach for the short term is $12.55. The maximum price target given is $13 and the minimum target for short term is around $12, hence the standard deviation is calculated at $0.62.


Company shares have received an average consensus rating of Hold for the current week Investors Bancorp (NASDAQ:ISBC): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $11.18 and $11.15 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $11.24. The buying momentum continued till the end and the stock did not give up its gains. It closed at $11.20, notching a gain of 0.18% for the day. The total traded volume was 1,946,361 . The stock had closed at $11.18 on the previous day.

In a related news, Siekerka Michele N, director of Investors Bancorp, Inc., unloaded 25,407 shares at an average price of $11.58 on May 18, 2016. The total amount of the transaction was worth $294,213, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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