Investors Bancorp (ISBC) Receives ‘Analyst’ Rating

Investors Bancorp (ISBC) : 1 brokerage houses believe that Investors Bancorp (ISBC) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Investors Bancorp (ISBC). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 7 Wall Street Analysts endorse the stock as a Hold with a rating of 2.57.

Investors Bancorp (ISBC) : The most positive equity analysts on Investors Bancorp (ISBC) expects the shares to touch $13, whereas, the least positive believes that the stock will trade at $12 in the short term. The company is covered by 5 Wall Street Brokerage Firms. The average price target for shares are $12.55 with an expected fluctuation of $0.67 from the mean.


Also, Piper Jaffray upgrades their rating on the shares of Investors Bancorp (NASDAQ:ISBC). The current rating of the shares is Overweight. Earlier, the shares were rated a Neutral by the brokerage firm. The rating by the firm was issued on August 19, 2016.

Investors Bancorp (NASDAQ:ISBC): After opening at $11.81, the stock dipped to an intraday low of $11.77 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $11.94 and the buying power remained strong till the end. The stock closed at $11.9 for the day, a gain of 0.34% for the day session. The total traded volume was 2,378,039. The stocks close on the previous trading day was $11.86.

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