Investors Bancorp (ISBC) : Analyst Rating Update

Investors Bancorp (ISBC) : 1 brokerage houses believe that Investors Bancorp (ISBC) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 5 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Investors Bancorp (ISBC). Zacks Investment Research suggests a Buy with a rank of 2.The median of all the 7 Wall Street Analysts endorse the stock as a Hold with a rating of 2.57.

Investors Bancorp (ISBC) has been rated by 5 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $14 and the lowest price target forecast is $12. The average forecast of all the analysts is $12.8 and the expected standard deviation is $0.91.

Investors Bancorp (NASDAQ:ISBC): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $10.75 and $10.71 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $11.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $10.92, notching a gain of 1.02% for the day. The total traded volume was 3,266,448 . The stock had closed at $10.81 on the previous day.

The company shares have dropped -11.03% from its 1 Year high price. On Nov 9, 2015, the shares registered one year high at $13.13 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $11.56 and the 200 Day Moving Average price is recorded at $11.60.

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