HomeStreet Rating Increased to Neutral at Zacks (HMST)
HomeStreet (NASDAQ:HMST) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a report released on Wednesday, American Banking News reports. The firm currently has a $20.50 target price on the stock. Zacks‘ price objective would indicate a potential upside of 2.50% from the company’s current price.
Shares of HomeStreet (NASDAQ:HMST) traded up 0.65% on Wednesday, hitting $20.00. The stock had a trading volume of 54,638 shares. HomeStreet has a 52-week low of $18.48 and a 52-week high of $28.73. The stock has a 50-day moving average of $20.37 and a 200-day moving average of $20.34. The company has a market cap of $288.5 million and a price-to-earnings ratio of 6.35.
HomeStreet (NASDAQ:HMST) last posted its quarterly earnings results on Monday, October 28th. The company reported $0.11 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.27 by $0.16.
HomeStreet, Inc (NASDAQ:HMST) is a financial services company.
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