Wedbush Reiterates “Outperform” Rating for Colonial Financial Services, Inc. (COBK)
Colonial Financial Services, Inc. (NASDAQ:COBK)‘s stock had its “outperform” rating reaffirmed by stock analysts at Wedbush in a note issued to investors on Saturday. They currently have a $26.00 target price on the stock. Wedbush’s price objective suggests a potential upside of 85.71% from the company’s previous close.
Colonial Financial Services (NASDAQ:COBK) opened at 14 on Friday. The stock’s 50 day moving average price is $14.00 and its 200-day moving average price is $13.00. Colonial Financial Services has a 12 month low of $11.00 and a 12 month high of $14.00.
Colonial Financial Services Company Profile
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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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