Ken Zerbe analyst at Morgan Stanley reiterates coverage on Signature Bank (SBNY) in the Financial sector with a Buy rating. TipRanks.com has Long rated as a 4.2 star analyst with a 49% return on investment and a 9.6% success rate. Zerbe has set a price target of $400.
TipRanks.com reports that Signature Bank currently has 9 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $382.89 . The target pricing ranges from a high forecast of $405.00 down to a low forecast of $340.00. Signature Bank (SBNY)’s last closing price was $321.45 which would put the average price target at 382.89% upside.
In addition, TradingView issued a Buy rating for SBNY over the next month, Barchart.com has a Strong buy rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on SBNY.
Other analysts covering SBNY include:
- David Long of Raymond James issued a Buy rating with the price target of $400 on 1 day ago
- Brock Vandervliet of UBS issued a Buy rating with the price target of $375 on 3 weeks ago
- Ken Usdin of Jefferies issued a Buy rating with the price target of $361 on 3 weeks ago
- David Chiaverini of Wedbush issued a Buy rating with the price target of $340 on 3 weeks ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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