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Equities researchers at Guggenheim started coverage on shares of Sterling Bancorp (NYSE:STL) in a research report issued on Friday. The firm set a “buy” rating on the stock.

Separately, analysts at TheStreet upgraded shares of Sterling Bancorp to a “buy” rating in a research note on Wednesday, March 19th.

Shares of Sterling Bancorp (NYSE:STL) opened at 11.62 on Friday. Sterling Bancorp has a 52-week low of $8.91 and a 52-week high of $13.52. The stock’s 50-day moving average is $11.56 and its 200-day moving average is $12.45. The company has a market cap of $881.3 million and a price-to-earnings ratio of 85.98.

Sterling Bancorp (NYSE:STL) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.12 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.17 by $0.05. Analysts expect that Sterling Bancorp will post $0.33 EPS for the current fiscal year.

Sterling Bancorp is a bank holding company and a financial holding company. The Company and its subsidiaries provide banking and related financial services and products to customers primarily in New York, New Jersey and Connecticut (NYSE:STL).

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