Mark Fitzgibbon analyst at Piper Sandler reiterates coverage on Signature Bank (SBNY) in the Financial sector with a Buy rating. TipRanks.com has Fitzgibbon rated as a 4.1 star analyst with a 55% return on investment and a 7.7% success rate. Fitzgibbon has set a price target of $ 325.
TipRanks.com reports that Signature Bank currently has 11 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $375.64. The target pricing ranges from a high forecast of $472.00 down to a low forecast of $295.00. Signature Bank (SBNY)’s last closing price was $190.89 which would put the average price target at 96.78% upside.
In addition, TradingView issued a Sell rating for SBNY over the next month, Barchart.com has a Strong sell 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:
- Manan Gosalia of Morgan Stanley issued a Buy rating with the price target of $ 300 on 4 days ago
- David Long of Raymond James issued a Buy rating with the price target of $ 350 on 5 days ago
- David Chiaverini of Wedbush issued a Buy rating with the price target of $ 295 on 5 days ago
- Dave Rochester of Compass Point issued a Buy rating with the price target of $ 350 on 1 week 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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