6 Analysts Have This to Say About New York Community
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 6 Wall Street analysts have published their opinions on New York Community Bancorp (NYSE:NYCB), with 1 bullish, 4 indifferent, and 1 somewhat bearish rating. The average 12-month price target among these analysts is $11.25, with a high of $14.00 and a low of $8.00, representing a 14.77% decrease from the previous target of $13.20. Analysts' ratings are based on predictions of a company's future earnings and revenue, and are updated quarterly or after major company events.
December 04, 2023 | 8:01 pm
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NEGATIVE IMPACT
Analysts have a mixed outlook on NYCB with an average price target of $11.25, indicating a potential downside from the previous target of $13.20.
The revised average price target suggests a negative sentiment among analysts regarding NYCB's stock performance in the short term. The decrease in the target price could lead to a bearish investor outlook and potential downward pressure on the stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100