Astoria Financial Corp. Given New $15.50 Price Target at Guggenheim (AF)
Equities researchers at Guggenheim lifted their price objective on shares of Astoria Financial Corp. (NYSE:AF) to $15.50 in a research report issued on Tuesday, StockRatingsNetwork reports. The firm currently has a “neutral” rating on the stock. Guggenheim’s price objective suggests a potential upside of 11.75% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Keefe, Bruyette & Woods upgraded shares of Astoria Financial Corp. from a “market perform” rating to an “outperform” rating in a research note to investors on Thursday, January 2nd. They now have a $17.00 price target on the stock, up previously from $13.00. Separately, 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. Finally, 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. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. Astoria Financial Corp. has an average rating of “Hold” and an average target price of $14.37.
Astoria Financial Corp. (NYSE:AF) traded up 0.80% during mid-day trading on Tuesday, hitting $13.87. The stock had a trading volume of 251,946 shares. Astoria Financial Corp. has a one year low of $9.22 and a one year high of $14.26. The stock has a 50-day moving average of $13.77 and a 200-day moving average of $12.93. The company has a market cap of $1.350 billion and a price-to-earnings ratio of 23.32.
Astoria Financial Corp. (NYSE:AF) last posted its quarterly earnings results on Thursday, October 17th. The company reported $0.15 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.14 earnings per share. Astoria Financial Corp.’s revenue was up .2% compared to the same quarter last year. On average, analysts predict that Astoria Financial Corp. will post $0.58 earnings per share for the current fiscal year.
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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