Cracking The Code: Understanding Analyst Reviews For Bank of Marin
Portfolio Pulse from Benzinga Insights
In the past three months, 4 analysts have released ratings for Bank of Marin (NASDAQ:BMRC), showing a range of perspectives from bullish to bearish. The average 12-month price target has decreased by 11.69% to $17.0. Analysts have adjusted their ratings and price targets in response to the company's recent performance, which includes a 24.85% decline in revenue growth and below-average net margin, ROE, and ROA.
June 27, 2024 | 3:01 pm
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Bank of Marin (NASDAQ:BMRC) has received mixed analyst ratings over the past three months, with the average 12-month price target decreasing by 11.69% to $17.0. The company faces challenges including a 24.85% decline in revenue growth and below-average profitability metrics.
The decrease in the average 12-month price target and the mixed analyst ratings indicate a negative sentiment towards Bank of Marin. The company's recent financial performance, including a significant decline in revenue and below-average profitability metrics, further supports a likely short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100