In a report released today, Manuel Navas from D.A. Davidson reiterated a Hold rating on Community Bank System (CBU – Research Report). The company’s shares closed yesterday at $55.17.
Navas covers the Financial sector, focusing on stocks such as Oceanfirst Financial, Peoples Bancorp, and Wsfs Financial. According to TipRanks, Navas has an average return of 0.6% and a 46.34% success rate on recommended stocks.
Currently, the analyst consensus on Community Bank System is a Moderate Buy with an average price target of $57.00.
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The company has a one-year high of $70.62 and a one-year low of $42.10. Currently, Community Bank System has an average volume of 481.9K.
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Community Bank System, Inc. is a financial holding company, which engages in the provision of retail, business, and municipal banking services. It operates through the following three segments: Banking, Employee Benefit Services, and All Other. The Banking segment offers array of lending and depository-related products and services to individuals, businesses and municipal enterprises. This segment also provides treasury management solutions and payment processing services. The Employee Benefit Services segment provides employee benefit trust services, collective investment fund, fund administration, transfer agency, retirement plan and VEBA/HRA and health savings account plan administration services, actuarial services, and healthcare consulting services. The All Other segment comprises of wealth management services, including trust services provided by the personal trust unit, investment products and services provided by CISI and The Carta Group, and asset advisory services provided by Nottingham and insurance services, which includes include the offerings of personal and commercial property insurance and other risk management products and services provided by OneGroup. The company was founded on April 15, 1983 and is headquartered in DeWitt, NY.
Read More on CBU:
- Community Bank System reports Q2 non-GAAP EPS 91c, consensus 85c
- CBU Upcoming Earnings Report: What to Expect?
- Community Bank System increases quarterly dividend 1c to 45c per share
- Community Bank System CEO Mark Tryniski to retire, Dimitar Karaivanov to succeed
- Community Bank System upgraded to Outperform from Market Perform at Hovde Group
