Central Pacific Financial Corp. Hits New 52-Week High at $20.43 (CPF)
Shares of Central Pacific Financial Corp. (NYSE:CPF) hit a new 52-week high during trading on Wednesday, American Banking News reports. The stock traded as high as $20.43 and last traded at $20.39, with a volume of 20,016 shares trading hands. The stock had previously closed at $20.00.
Separately, analysts at TheStreet upgraded shares of Central Pacific Financial Corp. from a “hold” rating to a “buy” rating in a research note to investors on Wednesday, November 6th. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus price target of $19.05.
Central Pacific Financial Corp. has a 52-week low of $14.67 and a 52-week high of $20.43. The stock has a 50-day moving average of $19.75 and a 200-day moving average of $18.51. The company has a market cap of $859.1 million and a price-to-earnings ratio of 4.85.
Central Pacific Financial Corp. (NYSE:CPF) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.05. On average, analysts predict that Central Pacific Financial Corp. will post $1.23 earnings per share for the current fiscal year.
Central Pacific Financial Corp. (NYSE:CPF) is a bank holding company.
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