Meridian Interstate Bancorp Price Target Increased to $21.00 by Analysts at Keefe, Bruyette & Woods (EBSB)
Equities researchers at Keefe, Bruyette & Woods upped their price objective on shares of Meridian Interstate Bancorp (NASDAQ:EBSB) from $20.00 to $21.00 in a research report issued on Thursday, American Banking and Market News reports. The firm currently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ target price would suggest a potential downside of 2.82% from the stock’s previous close.
Meridian Interstate Bancorp (NASDAQ:EBSB) traded up 0.28% during mid-day trading on Thursday, hitting $21.61. 5,126 shares of the company’s stock traded hands. Meridian Interstate Bancorp has a 52-week low of $15.65 and a 52-week high of $22.13. The stock’s 50-day moving average is $20.29 and its 200-day moving average is $19.04. The company has a market cap of $464.4 million and a P/E ratio of 43.10.
Meridian Interstate Bancorp, Inc is a mid-tier stock holding company of East Boston Savings Bank (NASDAQ:EBSB).
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