S&T Bancorp PT Raised to $25.00 at Keefe, Bruyette & Woods (STBA)
Stock analysts at Keefe, Bruyette & Woods upped their price objective on shares of S&T Bancorp (NASDAQ:STBA) from $24.00 to $25.00 in a report issued on Tuesday, StockRatingsNetwork reports. Keefe, Bruyette & Woods’ target price points to a potential upside of 3.78% from the stock’s previous close.
S&T Bancorp (NASDAQ:STBA) traded up 0.42% on Tuesday, hitting $24.09. The stock had a trading volume of 74,921 shares. S&T Bancorp has a 1-year low of $16.32 and a 1-year high of $24.98. The stock’s 50-day moving average is $23.58 and its 200-day moving average is $20.64. The company has a market cap of $716.4 million and a price-to-earnings ratio of 14.65.
S&T Bancorp (NASDAQ:STBA) last issued its quarterly earnings data on Tuesday, July 23rd. The company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.11. During the same quarter in the previous year, the company posted $0.30 earnings per share. On average, analysts predict that S&T Bancorp will post $1.65 earnings per share for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at RBC Capital raised their price target on shares of S&T Bancorp (NASDAQ:STBA) from $20.00 to $23.00 in a research note to investors on Thursday, July 25th. They now have a “sector perform” rating on the stock. Analysts at Guggenheim upgraded shares of S&T Bancorp (NASDAQ:STBA) from a “neutral” rating to a “buy” rating in a research note to investors on Wednesday, June 26th.
S&T Bancorp, Inc (NASDAQ:STBA) is a bank holding company and has three wholly owned subsidiaries, S&T Bank, 9th Street Holdings, Inc and STBA Capital Trust I.
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