Customers Bancorp Inc (NYSE:CUBI) has been downgraded to Sell in a statement by Zacks Investment Research earlier today.
- Updated: October 13, 2016
Just yesterday Customers Bancorp Inc (NYSE:CUBI) traded -2.54% lower at $24.55. Customers Bancorp Inc’s 50-day moving average is $25.60 and its 200-day moving average is $25.56. The last stock price is down -3.94% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 135,793 shares of CUBI traded hands, up from an avg. volume of 126,412
Zacks Investment Research has downgraded Customers Bancorp Inc (NYSE:CUBI) to Sell in a report released on 10/13/2016.
Previously on 9/20/2016, KBW released a statement about Customers Bancorp Inc (NYSE:CUBI) reduced the target price from $31.00 to $29.00. At the time, this indicated a possible upside of 0.15%.
Recent Performance Chart
Customers Bancorp Inc has PE ratio of 10.92 with a one year low of $21.66 and a one year high of $31.63 and has a market capitalization of $0.
General Company Details For Customers Bancorp Inc (NYSE:CUBI)
Customers Bancorp, Inc. (Customers Bancorp) is a bank holding company engaged in banking activities through its subsidiary, Customers Bank (the Bank). The Company operates in the community banking segment. The Bank provides financial products and services to small and middle market businesses, not-for-profits, and consumers. The Bank also provides liquidity to the mortgage market nationwide through the operation of its loans to mortgage banking companies. It offers a range of traditional loan and deposit banking products, and financial services. The Bank offers a range of lending products, including small business loans, mortgage warehouse loans, multi-family and commercial real estate loans, residential mortgage loans and other consumer loans. It also offers traditional deposit products, including commercial and consumer checking accounts, non-interest-bearing demand accounts, money market deposit accounts, savings accounts and time deposit accounts, and cash management services.
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