Zacks Upgrades Central Pacific Financial Corp. to Outperform (CPF)
Central Pacific Financial Corp. (NYSE:CPF) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research report issued on Tuesday, ARN reports. The firm currently has a $20.20 target price on the stock. Zacks‘ price objective suggests a potential upside of 13.36% from the company’s current price.
Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of Central Pacific Financial Corp. (NYSE:CPF) from $16.00 to $18.00 in a research note to investors on Monday, July 29th.
Central Pacific Financial Corp. (NYSE:CPF) traded up 0.68% during mid-day trading on Tuesday, hitting $17.82. 51,201 shares of the company’s stock traded hands. Central Pacific Financial Corp. has a one year low of $13.70 and a one year high of $19.21. The stock’s 50-day moving average is $17.42 and its 200-day moving average is $17.3. The company has a market cap of $750.0 million and a price-to-earnings ratio of 4.27.
Central Pacific Financial Corp. (NYSE:CPF) last announced its earnings results on Thursday, July 25th. The company reported $0.34 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.27 by $0.07. Analysts expect that Central Pacific Financial Corp. will post $1.14 EPS for the current fiscal year.
Central Pacific Financial Corp. (NYSE:CPF) is a bank holding company.
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