Customers Bancorp Inc (NYSE:CUBI) price target reduced to $29.00, released a research note earlier today by KBW
- Updated: September 20, 2016
Boasting a price of $25.23, Customers Bancorp Inc (NYSE:CUBI) traded 0.00% even on the day. With the last close down -0.94% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Customers Bancorp Inc has recorded a 50-day average of $26.09 and a two hundred day average of $25.47. Volume of trade was down over the average, with 0 shares of CUBI changing hands under the typical 145,258
KBW bumped down the target of Customers Bancorp Inc (NYSE:CUBI) to $29.00 stating a potential upside of 0.15%.
On 10/30/2015, FBR Capital released a statement on Customers Bancorp Inc (NYSE:CUBI) bumped up the target price from $30.00 to $32.00 that suggested an upside of 0.15%.
With a total market value of $0, Customers Bancorp Inc has price-earnings ratio of 11.22 with a one year low of $21.66 and a one year high of $31.63 .
More About 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.