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A statement released earlier today by Piper Jaffray Cos. about Investors Bancorp, Inc. (NASDAQ:ISBC) bumps the target price to $13.00

Displaying a price of $11.73, Investors Bancorp, Inc. (NASDAQ:ISBC) traded 0.34% lower on the day. The last stock price close is up 2.69% relative to the two hundred day moving average, compared with the S&P 500 which has fallen -0.01% over the same time period. The company has logged a 50-day moving average of $11.64 and 200-day average of $11.55. 7,640,281 shares of the stock traded hands, up from ann average volume of 2,750,140

In a statement issued on Friday August 19 2016 Piper Jaffray Cos. upped the target price of Investors Bancorp, Inc. (NASDAQ:ISBC) from $0 to $13 stating a possible upsideof 0.11%.

Performance Chart:

Investors Bancorp, Inc. (NASDAQ:ISBC)

A total of 6 brokers have issued a report on ISBC. Zero rate the company a strong buy, four firms rate the company a buy, five analyts rate the company a hold, 0 rate the company to underperform, and lastly one analystrate the company as sell with an average target of $12.75

Investors Bancorp, Inc. has a price-earnings of 20 with a one-year low of $10.67 and a 52 week high of $13.13. Investors Bancorp, Inc.’s total market value is currently $0.0.

Brief Synopsis On Investors Bancorp, Inc. (NASDAQ:ISBC)

Investors Bancorp, Inc. operates as the holding company for Investors Bank that provides community banking products and services to individuals and businesses in the United States. It offers deposit products, such as savings, checking, and money market accounts, as well as certificates of deposit. The companyÂ’s loan portfolio includes multi-family, commercial real estate, construction, commercial and industrial, residential mortgage, and consumer and other loans; consumer loans primarily comprising home equity loans, home equity lines of credit, and others; and mortgage loans secured by one-to four-family residential real estate. As of December 31, 2015, the company operated 140 offices located in New Jersey and New York. The company was founded in 1926 and is headquartered in Short Hills, and New Jersey.

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