Territorial Bancorp Lowered to Neutral at Zacks (TBNK)
Territorial Bancorp (NASDAQ:TBNK) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued on Monday. They currently have a $26.10 price target on the stock. Zacks‘s price target indicates a potential upside of 22.88% from the company’s current price.
Shares of Territorial Bancorp (NASDAQ:TBNK) traded down 1.06% during mid-day trading on Monday, hitting $21.0156. The stock had a trading volume of 5,046 shares. Territorial Bancorp has a one year low of $19.56 and a one year high of $24.15. The stock’s 50-day moving average is $20.64 and its 200-day moving average is $21.62. The company has a market cap of $192.5 million and a price-to-earnings ratio of 14.15.
Territorial Bancorp (NASDAQ:TBNK) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.37 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.32 by $0.05. Analysts expect that Territorial Bancorp will post $1.42 EPS for the current fiscal year.
Territorial Bancorp Inc owns 100% of Territorial Savings Bank (NASDAQ:TBNK).
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