In a report released today, Justin Crowley from Piper Sandler assigned a Buy rating to Northeast Community Bancorp (NECB – Research Report), with a price target of $16.00. The company’s shares closed yesterday at $13.00.
Crowley covers the Financial sector, focusing on stocks such as Northeast Community Bancorp, Unity Bancorp, and William Penn Bancorp. According to TipRanks, Crowley has an average return of -4.0% and a 40.00% success rate on recommended stocks.
Northeast Community Bancorp has an analyst consensus of Moderate Buy, with a price target consensus of $16.00.
See today’s best-performing stocks on TipRanks >>
NECB market cap is currently $200.6M and has a P/E ratio of 6.08.
Based on the recent corporate insider activity of 23 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 NECB in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Northeast Community Bancorp, Inc. is a bank holding company, which holds the ownership of the outstanding capital stock of the NorthEast Community Bank. It offers a comprehensive line of banking products and services, including mobile banking as well as commercial real estate loans, commercial construction financing, lines of credit and term loans. The company was founded on July 5, 2006 and is headquartered in White Plains, NY.
Read More on NECB:
