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A statement released earlier today by Jefferies & Co about Astoria Financial Corporation AF (NYSE:AF) bumps the target price to $17.00

Yesterday Astoria Financial Corporation AF (NYSE:AF) traded 1.17% higher at $20.29. The company’s 50-day moving average is $19.50 and its 200-day moving average is $19.89. The last stock close price is up 4.54% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 556,258 shares of AF traded hands, down from an average trading volume of 613,772

Jefferies & Co bumped up the target of Astoria Financial Corporation AF (NYSE:AF) to $17.00 indicating a possible downside of -0.16%.

Recent Performance Chart

Astoria Financial Corporation AF (NYSE:AF)

Astoria Financial Corporation AF has 52 week low of $14.11 and a 52 week high of $21.66 with a PE ratio of 36.22 and has a market capitalization of $0.

In addition to Jefferies & Co reporting its stock price target, a total of 8 analysts have released a research note on Astoria Financial Corporation AF. The 12-month price target is $16.38 with one analyst rating the company a strong buy, one analyst rating the company a buy, five analysts rating the company a hold, one analyst rating the company a underperform, and lastly zero analysts rating the company a sell.

More About Astoria Financial Corporation AF (NYSE:AF)

Astoria Financial Corporation is a unitary savings and loan holding company. The Company's principal business is the operation of its subsidiary, Astoria Bank. Astoria Bank's primary business is attracting retail deposits from the general public and businesses and investing those deposits, together with funds generated from operations, principal repayments on loans and securities and borrowings, primarily in multi-family and commercial real estate mortgage loans, one- to four-family, or residential, mortgage loans and mortgage-backed securities. Astoria Bank also invests in consumer and other loans, the United States Government, government agency and government-sponsored enterprise (GSE) securities, and other investments permitted by federal banking laws and regulations. Its loan portfolio consists primarily of mortgage loans, and consumer and other loans. The Company's investment activities include securities available-for-sale and securities held-to-maturity.

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