Zacks Investment Research downgraded Central Pacific Financial Corp. (NYSE:CPF) to Hold in a report released today.
- Updated: October 3, 2016
Yesterday Central Pacific Financial Corp. (NYSE:CPF) traded -1.23% lower at $24.88. The company’s 50-day moving average is $25.17 and its 200-day moving average is $23.65. The last stock close price is up 5.19% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 107,160 shares of the stock were exchanged, down from an average trading volume of 109,366
Zacks Investment Research has downgraded Central Pacific Financial Corp. (NYSE:CPF) to Hold in a report released on 10/03/2016.
Previously on Thursday August 11, 2016, Compass Point reported about Central Pacific Financial Corp. (NYSE:CPF) raised the target price from $0.00 to $26.00. At the time, this indicated a possible upside of 0.05%.
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Central Pacific Financial Corp. has a 52 week low of $18.47 and a 52 week high of $25.99 with a P/E ratio of 17.03 The company’s market cap is currently $0.
General Information About Central Pacific Financial Corp. (NYSE:CPF)
Central Pacific Financial Corp. serves as the bank holding company for its bank subsidiary, Central Pacific Bank (the bank). The Company's segments include Banking Operations, Treasury and All Others. The Banking Operations segment includes construction and commercial real estate lending, commercial lending, residential mortgage lending, consumer lending, trust services, retail brokerage services, and the Company's retail branch offices, which provide a range of deposit and loan products, as well as various other banking services. The Treasury segment is responsible for managing the Company's investment securities portfolio and wholesale funding activities. The All Others segment includes activities, such as electronic banking, data processing and management of bank owned properties. The Company provides an array of loan products, including residential mortgage loans commercial and consumer loans and lines of credit commercial real estate loans and construction loans.
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