In a report released today, Jeff Rulis from D.A. Davidson maintained a Buy rating on Old Second Bancorp (OSBC – Research Report). The company’s shares closed yesterday at $15.26.
Rulis covers the Financial sector, focusing on stocks such as Columbia Banking System, Glacier Bancorp, and Old Second Bancorp. According to TipRanks, Rulis has an average return of 8.5% and a 62.92% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Old Second Bancorp with a $18.67 average price target, which is a 22.35% upside from current levels. In a report released today, Piper Sandler also maintained a Buy rating on the stock with a $19.00 price target.
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OSBC market cap is currently $681.6M and has a P/E ratio of 7.50.
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Old Second Bancorp, Inc. is a bank holding company, which engages in the provision of traditional retail and commercial banking services through its wholly owned subsidiaries. Its services includes personal banking, loans, business banking, and wealth management. The company was founded in 1981 and is headquartered in Aurora, IL.
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