Credit Suisse Initiates Coverage on Opus Bank (OPB)
Investment analysts at Credit Suisse started coverage on shares of Opus Bank (NYSE:OPB) in a note issued to investors on Monday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating and a $36.00 price target on the stock. Credit Suisse’s target price suggests a potential upside of 18.30% from the company’s current price.
Shares of Opus Bank (NYSE:OPB) opened at 30.43 on Monday. Opus Bank has a 1-year low of $29.11 and a 1-year high of $32.66. The stock has a 50-day moving average of $30.0 and a 200-day moving average of $30.0. The company has a market cap of $703.1 million and a price-to-earnings ratio of 5.97.
Opus Bank (NYSE:OPB) is a state-charted commercial bank.
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