Astoria Financial Corp. Upgraded to “Outperform” by Zacks (AF)
Astoria Financial Corp. (NYSE:AF) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research note issued to investors on Friday. The firm currently has a $15.10 price objective on the stock. Zacks‘s price objective would suggest a potential upside of 12.60% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Jefferies Group raised their price target on shares of Astoria Financial Corp. from $14.50 to $15.00 in a research note on Tuesday, April 22nd. They now have a “hold” rating on the stock. Analysts at S&P Equity Research downgraded shares of Astoria Financial Corp. from a “hold” rating to a “sell” rating in a research note on Friday, April 11th. They now have a $13.00 price target on the stock, down previously from $14.00. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $14.12.
Shares of Astoria Financial Corp. (NYSE:AF) traded down 0.07% during mid-day trading on Friday, hitting $13.40. 129,033 shares of the company’s stock traded hands. Astoria Financial Corp. has a 1-year low of $10.61 and a 1-year high of $14.67. The stock’s 50-day moving average is $13.14 and its 200-day moving average is $13.49. The company has a market cap of $1.316 billion and a P/E ratio of 17.67.
Astoria Financial Corp. (NYSE:AF) last announced its earnings results on Wednesday, April 16th. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.15. During the same quarter in the previous year, the company posted $0.14 earnings per share. Analysts expect that Astoria Financial Corp. will post $0.66 EPS for the current fiscal year.
Astoria Financial Corporation is the unitary savings and loan association holding company of Astoria Federal Savings and Loan Association (NYSE:AF).
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