Beneficial Mutual Bancorp Downgraded to “Neutral” at Zacks (BNCL)
Beneficial Mutual Bancorp (NASDAQ:BNCL) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued to investors on Monday. They currently have a $14.90 price objective on the stock. Zacks‘s target price would indicate a potential upside of 6.81% from the company’s current price.
Separately, analysts at Compass Point raised their price target on shares of Beneficial Mutual Bancorp from $15.00 to $17.00 in a research note on Friday, August 15th. They now have a “buy” rating on the stock. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $14.78.
Shares of Beneficial Mutual Bancorp (NASDAQ:BNCL) traded up 0.22% on Monday, hitting $13.98. The stock had a trading volume of 163,182 shares. Beneficial Mutual Bancorp has a 1-year low of $9.07 and a 1-year high of $14.35. The stock has a 50-day moving average of $13.34 and a 200-day moving average of $13.13. The company has a market cap of $1.028 billion and a P/E ratio of 77.50.
Beneficial Mutual Bancorp (NASDAQ:BNCL) last posted its quarterly earnings results on Thursday, July 24th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.02. Analysts expect that Beneficial Mutual Bancorp will post $0.20 EPS for the current fiscal year.
Beneficial Mutual Bancorp, Inc is a savings and loan holding company. The Company’s business activities are the ownership of Beneficial Bank (NASDAQ:BNCL).
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