Wedbush Reaffirms “Outperform” Rating for Colonial Financial Services, Inc. (COBK)
Colonial Financial Services, Inc. (NASDAQ:COBK)‘s stock had its “outperform” rating reissued by Wedbush in a report released on Saturday. They presently have a $26.00 price objective on the stock. Wedbush’s price target indicates a potential upside of 85.71% from the company’s current price.
Shares of Colonial Financial Services (NASDAQ:COBK) opened at 14 on Friday. The firm’s 50-day moving average price is $14.00 and its 200 day moving average price is $13.00. Colonial Financial Services has a 1-year low of $11.00 and a 1-year high of $14.00.
About Colonial Financial Services
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Colonial Financial Services, Inc serves as the stock holding company for Colonial Bank, FSB. The Company conducts operations from Vineland, New Jersey and has eight full-service branch offices located in Cumberland and Gloucester counties in New Jersey. The Company’s has a private employers, as well as public employers such as federal, state and local governments.
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