In a report released today, Christopher Mcgratty from KBW maintained a Hold rating on NY Community (NYCB – Research Report), with a price target of $7.50. The company’s shares closed yesterday at $4.48.
Mcgratty covers the Financial sector, focusing on stocks such as Webster Financial, Associated Banc-Corp, and NY Community. According to TipRanks, Mcgratty has an average return of 9.9% and a 61.38% success rate on recommended stocks.
In addition to KBW, NY Community also received a Hold from Bank of America Securities’s Ebrahim Poonawala in a report issued yesterday. However, on the same day, Piper Sandler assigned a Buy rating to NY Community (NYSE: NYCB).
See Insiders’ Hot Stocks on TipRanks >>
The company has a one-year high of $13.80 and a one-year low of $3.96. Currently, NY Community has an average volume of 16.53M.
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.
NY Community (NYCB) Company Description:
New York Community Bancorp, Inc. engages in the production of multi-family loans on non-luxury rent-regulated buildings that feature below-market rents. It offers financial products and services to individuals and businesses. The company was founded on July 20, 1993 and is headquartered in Westbury, NY.
Read More on NYCB:
- SHAREHOLDER ALERT: Potential Recovery for New York Community Bancorp, Inc. (NYCB) Investors
- New York Community Bancorp (NYSE:NYCB) Frantically Tries to Reassure Shareholders
- New York Community Bancorp falls -13.5%
- Largest borrow rate increases among liquid names
- New York Community Bancorp call volume above normal and directionally bullish
