Where Columbia Banking System Stands With Analysts
Portfolio Pulse from Benzinga Insights
Columbia Banking System (NASDAQ:COLB) has received mixed analyst ratings in the last quarter, with 1 bullish, 1 somewhat bullish, and 5 indifferent. The average 12-month price target among 7 analysts is $22.14, with a high of $25.00 and a low of $20.00. This target has decreased by 0.85% from the previous average of $22.33.
December 01, 2023 | 1:00 pm
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NEUTRAL IMPACT
Columbia Banking System has a mixed outlook from analysts with an average price target of $22.14, reflecting a slight decrease from the previous target.
The mixed analyst ratings with a majority being indifferent suggest a neutral short-term impact on COLB's stock price. The slight decrease in the average price target may not significantly influence investor sentiment as it reflects a minor adjustment rather than a major shift in valuation.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100