Flushing Financial Corp. PT Raised to $21.00 (FFIC)
Equities researchers at Guggenheim raised their price target on shares of Flushing Financial Corp. (NASDAQ:FFIC) to $21.00 in a research report issued on Tuesday, Analyst Ratings News reports. The firm currently has a “neutral” rating on the stock. Guggenheim’s target price points to a potential upside of 4.22% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Keefe, Bruyette & Woods downgraded shares of Flushing Financial Corp. from an “outperform” rating to a “market perform” rating in a research note to investors on Thursday, January 2nd. They now have a $21.00 price target on the stock. Separately, analysts at Sandler O’Neill downgraded shares of Flushing Financial Corp. from a “buy” rating to a “hold” rating in a research note to investors on Tuesday, December 3rd. Finally, analysts at FBR Capital Markets raised their price target on shares of Flushing Financial Corp. from $20.00 to $21.00 in a research note to investors on Friday, November 1st. They now have a “market perform” rating on the stock. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $20.28.
Flushing Financial Corp. (NASDAQ:FFIC) traded up 0.80% during mid-day trading on Tuesday, hitting $20.15. The stock had a trading volume of 27,607 shares. Flushing Financial Corp. has a 52 week low of $15.02 and a 52 week high of $21.70. The stock’s 50-day moving average is $20.64 and its 200-day moving average is $19.2. The company has a market cap of $599.9 million and a P/E ratio of 17.23.
Flushing Financial Corp. (NASDAQ:FFIC) last issued its quarterly earnings data on Tuesday, October 22nd. The company reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.01. During the same quarter in the previous year, the company posted $0.29 earnings per share. On average, analysts predict that Flushing Financial Corp. will post $1.22 earnings per share for the current fiscal year.
Flushing Financial Corporation is a unitary savings and loan holding company. The primary business of the Company is the operation of its wholly owned subsidiary, Flushing Savings Bank, FSB (NASDAQ:FFIC).
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