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KBW Sticks to Its Hold Rating for Kearny Financial (KRNY)

KBW analyst Christopher O’Connell maintained a Hold rating on Kearny Financial (KRNYResearch Report) today and set a price target of $10.00. The company’s shares opened today at $9.30.

According to TipRanks, O’Connell is a 3-star analyst with an average return of 12.2% and a 25.00% success rate. O’Connell covers the Financial sector, focusing on stocks such as Kearny Financial, Chemung Financial, and Amalgamated Bank.

Currently, the analyst consensus on Kearny Financial is a Moderate Buy with an average price target of $10.50.

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The company has a one-year high of $13.29 and a one-year low of $9.00. Currently, Kearny Financial has an average volume of 254.1K.

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Kearny Financial Corp. operates as a holding company, which engages in the ownership and operation of the bank. Its services comprises of attracting deposits from the general public in New Jersey. It uses deposits, together with other funds, to originate or purchase loans for its portfolio and invest in securities. The firm offers both personal and business services. Kearny Financial was founded in 1884 and is headquartered in Fairfield, NJ.

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