D.A. Davidson analyst Manuel Navas maintained a Hold rating on Lakeland Bancorp (LBAI – Research Report) today. The company’s shares closed last Friday at $11.33.
Navas covers the Financial sector, focusing on stocks such as Sandy Spring Bancorp, Dime Community Bancshares, and City Holding Company. According to TipRanks, Navas has an average return of -11.1% and a 14.00% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Lakeland Bancorp with a $18.30 average price target.
See the top stocks recommended by analysts >>
The company has a one-year high of $19.59 and a one-year low of $10.65. Currently, Lakeland Bancorp has an average volume of 219.2K.
Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LBAI 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.
Lakeland Bancorp (LBAI) Company Description:
Lakeland Bancorp, Inc. operates as a bank holding company, which provides services through its wholly-owned subsidiary Lakeland Bank. The bank offers a full range of lending services, including commercial loans and leases, real estate and consumer loans to small and medium-sized businesses, professionals and individuals located in its markets. It offers commercial bank services, consumer banking and other services. The company was founded in March 1989 and is headquartered in Oak Ridge, NJ.
Read More on LBAI:
