People’s United Financial Inc. Reaches New 12-Month High at $15.70 (PBCT)
People’s United Financial (NASDAQ:PBCT)’s share price reached a new 52-week high during mid-day trading on Thursday, Analyst Ratings News reports. The stock traded as high as $15.70 and last traded at $15.59, with a volume of 4,067,049 shares traded. The stock had previously closed at $15.42.
A number of research firms have recently commented on PBCT. Analysts at Zacks reiterated a “neutral” rating on shares of People’s United Financial in a research note to investors on Friday, November 15th. They now have a $15.00 price target on the stock. Separately, analysts at Ned Davis Research downgraded shares of People’s United Financial from a “neutral” rating to a “sell” rating in a research note to investors on Monday, November 11th. Finally, analysts at Jefferies Group cut their price target on shares of People’s United Financial from $15.00 to $14.00 in a research note to investors on Friday, October 18th. They now have a “hold” rating on the stock. Three analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of $14.44.
People’s United Financial (NASDAQ:PBCT) last issued its quarterly earnings data on Thursday, October 17th. The company reported $0.20 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.21 by $0.01. During the same quarter in the prior year, the company posted $0.18 earnings per share.
People’s United Financial, Inc (NASDAQ:PBCT) is a savings and loan holding company.
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