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Prudential Bancorp, Inc. of PA (NASDAQ:PBIP) was upgraded by stock analysts at TheStreet from a “hold” rating to a “buy” rating in a report issued on Tuesday.

The analysts wrote, “Prudential Bancorp (PBIP) has been upgraded by TheStreet Ratings from hold to buy. The company’s strengths can be seen in multiple areas, such as its revenue growth, increase in net income, good cash flow from operations, expanding profit margins and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.”

Shares of Prudential Bancorp, Inc. of PA (NASDAQ:PBIP) traded down 0.17% on Tuesday, hitting $11.67. 5,884 shares of the company’s stock traded hands. Prudential Bancorp, Inc. of PA has a 52-week low of $9.5551 and a 52-week high of $11.99. The stock’s 50-day moving average is $11.09 and its 200-day moving average is $10.79. The company has a market cap of $103.2 million and a price-to-earnings ratio of 49.53.

Prudential Bancorp, Inc of Pennsylvania is a mid-tier holding company for Prudential Savings Bank (NASDAQ:PBIP).

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