KBW analyst Catherine Mealor maintained a Hold rating on Sandy Spring Bancorp (SASR – Research Report) today and set a price target of $25.00. The company’s shares closed yesterday at $21.91.
According to TipRanks, Mealor is a 5-star analyst with an average return of 12.1% and a 60.63% success rate. Mealor covers the Financial sector, focusing on stocks such as Trustmark, Atlantic Union Bankshares, and Southern States Bancshares.
Currently, the analyst consensus on Sandy Spring Bancorp is a Hold with an average price target of $26.00.
The company has a one-year high of $27.50 and a one-year low of $18.63. Currently, Sandy Spring Bancorp has an average volume of 337.9K.
Based on the recent corporate insider activity of 70 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 SASR in relation to earlier this year. Most recently, in February 2024, Kenneth C Cook, a Director at SASR bought 7,838.00 shares for a total of $85,904.48.
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.
Sandy Spring Bancorp (SASR) Company Description:
Sandy Spring Bancorp, Inc. is a bank holding company, which engages in the provision of commercial banking, retail banking, and trust services to individuals and businesses. It operates through the following segments: Community Banking, Insurance, and Investment Management. The Community Banking segment conducts its operations through Sandy Spring Bank and involves delivering financial products and services, including various loan and deposit products to both individuals and businesses. The Insurance segment includes operations through Sandy Spring Insurance Corp, a subsidiary of the bank, and offers annuities as an alternative to traditional deposit accounts. The Investment Management segment conducts its operations through West Financial Services, Inc., a subsidiary of the Bank. The company was founded in 1868 and is headquartered in Olney, MD.
Read More on SASR:
- Sandy Spring Bancorp Offers Informal Financial Insights
- Sandy Spring Bancorp, Inc. to Webcast First Quarter Earnings Conference Call on April 23, 2024
- Sandy Spring Bancorp files mixed securities shelf
- Sandy Spring Bank Senior Vice President Elected President of Mortgage Trade Association
- Sandy Spring Bank Donates $50,000 to Local Food Banks to Support Access to Nutritious Food
