Unveiling 4 Analyst Insights On Provident Finl Servs
Portfolio Pulse from Benzinga Insights
Provident Financial Services (NYSE:PFS) has received mixed analyst ratings over the past quarter, with recent evaluations showing a shift towards a more cautious stance. Analysts from RBC Capital, DA Davidson, and Keefe, Bruyette & Woods have lowered their price targets, reflecting concerns over the company's market performance and financial health. The average 12-month price target is now $17.25, down from $19.25, indicating a bearish outlook. The company's financial indicators, such as revenue growth, net margin, ROE, ROA, and debt management, suggest challenges ahead, with performance below industry averages.
April 09, 2024 | 4:00 pm
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Provident Financial Services has seen a downward revision in analyst price targets and mixed ratings, reflecting concerns over its financial performance and market position.
The lowering of price targets by analysts from RBC Capital, DA Davidson, and Keefe, Bruyette & Woods, coupled with the company's below-average financial indicators such as revenue growth, net margin, ROE, ROA, and debt management, suggests a bearish outlook for PFS in the short term. The consensus among analysts indicates concerns over the company's ability to maintain strong profitability and effectively manage its debt, which could negatively impact its stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100