Astoria Financial Corp. Upgraded to “Outperform” by Keefe, Bruyette & Woods (AF)
Astoria Financial Corp. (NYSE:AF) was upgraded by equities researchers at Keefe, Bruyette & Woods to an “outperform” rating in a research report issued on Thursday, Analyst Ratings News reports.
AF has been the subject of a number of other recent research reports. Analysts at Zacks downgraded shares of Astoria Financial Corp. from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, December 3rd. They now have a $15.10 price target on the stock. Separately, analysts at Thomson Reuters/Verus upgraded shares of Astoria Financial Corp. from a “hold” rating to a “buy” rating in a research note to investors on Monday, December 2nd. Finally, analysts at Jefferies Group raised their price target on shares of Astoria Financial Corp. from $13.00 to $14.00 in a research note to investors on Thursday, October 17th. They now have a “hold” rating on the stock. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $13.62.
Shares of Astoria Financial Corp. (NYSE:AF) opened at 13.83 on Thursday. Astoria Financial Corp. has a 52-week low of $9.22 and a 52-week high of $14.16. The stock’s 50-day moving average is $13.67 and its 200-day moving average is $12.6. The company has a market cap of $1.346 billion and a price-to-earnings ratio of 23.73.
Astoria Financial Corp. (NYSE:AF) last issued its quarterly earnings data on Thursday, October 17th. The company reported $0.15 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.14 by $0.01. The company had revenue of $86.20 million for the quarter, compared to the consensus estimate of $86.80 million. During the same quarter in the prior year, the company posted $0.14 earnings per share. The company’s quarterly revenue was up .2% on a year-over-year basis.
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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