Investors Bancorp (ISBC) Receives Price Target

Investors Bancorp (ISBC) has been rated by 5 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $13 and the lowest price target forecast is $12. The average forecast of all the analysts is $12.55 and the expected standard deviation is $0.67.

Investors Bancorp (ISBC) : Zacks Investment Research ranks Investors Bancorp (ISBC) as 3, which is a Hold recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 5 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 7 research analysts is 2.57, which indicates as a Hold.


Also, Equity Analysts at the Brokerage Firm, Piper Jaffray, upgrades their rating on the shares of Investors Bancorp (NASDAQ:ISBC). Piper Jaffray has a Overweight rating on the shares. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on August 19, 2016.

Investors Bancorp (NASDAQ:ISBC): The stock opened at $12.25 on Thursday but the bulls could not build on the opening and the stock topped out at $12.30 for the day. The stock traded down to $12.05 during the day, due to lack of any buying support eventually closed down at $12.10 with a loss of -1.22% for the day. The stock had closed at $12.25 on the previous day. The total traded volume was 3,640,659 shares.

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