Susquehanna Given Average Recommendation of “Hold” by Brokerages (NASDAQ:SUSQ)
Susquehanna (NASDAQ:SUSQ) has been given a consensus rating of “Hold” by the twelve brokerages that are currently covering the stock, Analyst Ratings News reports. One research analyst has rated the stock with a sell rating, nine have given a hold rating and one has issued a buy rating on the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $27.19.
Susquehanna (NASDAQ:SUSQ) traded down 1.16% during mid-day trading on Thursday, hitting $10.21. The stock had a trading volume of 128,803 shares. Susquehanna has a one year low of $9.42 and a one year high of $14.35. The stock has a 50-day moving average of $10.12 and a 200-day moving average of $11.10. The company has a market cap of $1.916 billion and a price-to-earnings ratio of 11.61.
Susquehanna (NASDAQ:SUSQ) last posted its quarterly earnings results on Wednesday, April 23rd. The company reported $0.20 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.21 by $0.01. During the same quarter last year, the company posted $0.23 earnings per share. On average, analysts predict that Susquehanna will post $0.81 earnings per share for the current fiscal year.
SUSQ has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Susquehanna from an “underperform” rating to a “neutral” rating in a research note on Wednesday. They now have a $10.50 price target on the stock. Finally, analysts at SunTrust initiated coverage on shares of Susquehanna in a research note on Thursday, May 15th. They set a “neutral” rating and a $10.50 price target on the stock.
Susquehanna Bancshares, Inc (NASDAQ:SUSQ) is a financial holding company that provides a range of retail and commercial banking and financial services, through its subsidiaries in the mid-Atlantic region.
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