In a report released today, Christopher O’Connell from KBW maintained a Hold rating on Kearny Financial (KRNY – Research Report), with a price target of $9.00. The company’s shares closed today at $8.09.
According to TipRanks, O’Connell is a 3-star analyst with an average return of 8.2% and a 22.22% success rate. O’Connell covers the Financial sector, focusing on stocks such as Kearny Financial, Chemung Financial, and Amalgamated Bank.
Kearny Financial has an analyst consensus of Moderate Buy, with a price target consensus of $10.50.
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The company has a one-year high of $12.49 and a one-year low of $7.72. Currently, Kearny Financial has an average volume of 274.5K.
Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of KRNY in relation to earlier this year.
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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.
