Several brokerages have updated their recommendations and price targets on shares of Customers Bancorp (NYSE: CUBI) in the last few weeks:
- 7/1/2026 – Customers Bancorp was given a new $94.00 price target by Fundamental Research.
- 7/1/2026 – Customers Bancorp had its price target raised by JPMorgan Chase & Co. from $86.00 to $94.00. They now have an “overweight” rating on the stock.
- 6/29/2026 – Customers Bancorp had its “buy (b)” rating reaffirmed by Weiss Ratings.
- 6/29/2026 – Customers Bancorp had its price target raised by Morgan Stanley from $83.00 to $88.00. They now have an “equal weight” rating on the stock.
- 6/26/2026 – Customers Bancorp had its price target raised by Piper Sandler from $86.00 to $92.00. They now have an “overweight” rating on the stock.
Insider Buying and Selling at Customers Bancorp
In related news, Chairman Jay S. Sidhu sold 60,315 shares of the business’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $76.23, for a total value of $4,597,812.45. Following the sale, the chairman owned 767,557 shares of the company’s stock, valued at $58,510,870.11. The trade was a 7.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Philip Watkins sold 3,000 shares of the business’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $75.67, for a total transaction of $227,010.00. Following the completion of the sale, the executive vice president directly owned 43,993 shares in the company, valued at approximately $3,328,950.31. This represents a 6.38% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 10.45% of the company’s stock.
Through its commercial banking division, the company provides term loans, lines of credit, real estate financing, asset‐based lending and treasury management services.
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