Meridian Interstate Bancorp Upgraded by Zacks to “Outperform” (EBSB)
Meridian Interstate Bancorp (NASDAQ:EBSB) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research report issued on Thursday, Stock Ratings Network.com reports. The firm currently has a $24.40 price objective on the stock. Zacks‘ price target suggests a potential upside of 8.20% from the stock’s previous close.
Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of Meridian Interstate Bancorp from $20.00 to $21.00 in a research note to investors on Thursday, September 26th. They now have a “market perform” rating on the stock.
Meridian Interstate Bancorp (NASDAQ:EBSB) traded up 1.17% during mid-day trading on Thursday, hitting $22.55. The stock had a trading volume of 14,254 shares. Meridian Interstate Bancorp has a 1-year low of $14.82 and a 1-year high of $21.75. The stock has a 50-day moving average of $20.19 and a 200-day moving average of $18.9. The company has a market cap of $484.6 million and a price-to-earnings ratio of 44.58.
Meridian Interstate Bancorp, Inc is a mid-tier stock holding company of East Boston Savings Bank (NASDAQ:EBSB).
To view Zacks’ full report, visit www.zacks.com
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