Investors Bancorp (ISBC) has risen sharply, recording gains of 1.63% in the past 4 weeks. However, the stock has corrected -1.74% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 3.73% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.85% and the 50-Day Moving Average is 2.66%.The 200 Day SMA reached 2.62% Investors Bancorp Inc. is up 5.14% in the last 3-month period. Year-to-Date the stock performance stands at -3.14%.
Investors Bancorp (ISBC) has been rated by 5 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $13 and the lowest price target forecast is $12. The average forecast of all the analysts is $12.55 and the expected standard deviation is $0.67.
For the current week, the company shares have a recommendation consensus of Buy. Investors Bancorp (NASDAQ:ISBC): stock was range-bound between the intraday low of $11.75 and the intraday high of $11.9 after having opened at $11.9 on Fridays session. The stock finally closed in the red at $11.9, a loss of -0.34%. The stock remained in the red for the whole trading day. The total traded volume was 7,640,281 shares. The stock failed to cross $11.9 in Fridays trading. The stocks closing price on Thursday was $11.86.