Beneficial Mutual Bancorp Upgraded by Sandler O’Neill to Buy (BNCL)
Beneficial Mutual Bancorp (NASDAQ:BNCL) was upgraded by research analysts at Sandler O’Neill from a “hold” rating to a “buy” rating in a report released on Thursday, TheFlyOnTheWall.com reports.
Beneficial Mutual Bancorp (NASDAQ:BNCL) opened at 11.00 on Thursday. Beneficial Mutual Bancorp has a one year low of $8.36 and a one year high of $11.26. The stock has a 50-day moving average of $10.64 and a 200-day moving average of $9.68. The company has a market cap of $834.6 million and a price-to-earnings ratio of 61.48.
Separately, analysts at Sterne Agee upgraded shares of Beneficial Mutual Bancorp from a “neutral” rating to a “buy” rating in a research note to investors on Friday, October 25th. They now have a $11.50 price target on the stock. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $10.17.
Beneficial Mutual Bancorp, Inc is a savings and loan holding company. The Company’s business activities are the ownership of Beneficial Bank (NASDAQ:BNCL).
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