Astoria Financial Corp. Rating Increased to Outperform at Zacks (AF)
Astoria Financial Corp. (NYSE:AF) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research report issued on Tuesday, StockRatingsNetwork.com reports. The firm currently has a $13.10 target price on the stock. Zacks‘ price objective indicates a potential upside of 3.89% from the stock’s previous close.
A number of other analysts have also recently weighed in on AF. Analysts at Jefferies Group raised their price target on shares of Astoria Financial Corp. (NYSE:AF) from $10.00 to $13.00 in a research note to investors on Wednesday, August 7th. They now have a “hold” rating on the stock. Separately, analysts at Thomson Reuters/Verus upgraded shares of Astoria Financial Corp. (NYSE:AF) from a “sell” rating to a “hold” rating in a research note to investors on Monday, August 5th. Finally, analysts at Thomson Reuters/Verus downgraded shares of Astoria Financial Corp. (NYSE:AF) from a “hold” rating to a “sell” rating in a research note to investors on Monday, July 22nd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. Astoria Financial Corp. presently has an average rating of “Hold” and an average price target of $11.76.
Shares of Astoria Financial Corp. (NYSE:AF) traded up 1.37% on Tuesday, hitting $12.61. 769,536 shares of the company’s stock traded hands. Astoria Financial Corp. has a one year low of $8.88 and a one year high of $13.05. The stock’s 50-day moving average is $12.56 and its 200-day moving average is $11.04. The company has a market cap of $1.224 billion and a P/E ratio of 21.45.
Astoria Financial Corp. (NYSE:AF) last released its earnings data on Wednesday, July 17th. The company reported $0.16 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.12 by $0.04. During the same quarter last year, the company posted $0.13 earnings per share. Analysts expect that Astoria Financial Corp. will post $0.55 EPS for the current fiscal year.
Astoria Financial Corporation is the unitary savings and loan association holding company of Astoria Federal Savings and Loan Association (NYSE:AF).
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