Analysts have set a price target of $57.00 for Customers Bancorp Inc. (NYSE:CUBI).

 Clientele The seven research companies covering Bancorp, Inc. (NYSE: CUBI - Get Free Report) have recommended a "Buy" on average, according to Marketbeat. Five analysts have recommended buying the firm, one has given a strong buy recommendation, and one has rated the stock with a hold recommendation. Brokers that have released reports on the stock in the past year have an average twelve-month target price of $57.00.

Numerous analyst studies have recently focused on CUBI. In a research analysis released on Monday, January 29, Raymond James increased their target price for Customers Bancorp from $65.00 to $72.00 and rated the stock as a "strong buy". In a report released on Monday, January 29th, B. Riley increased their target price on Customers Bancorp shares from $62.00 to $77.00 and gave the stock a "buy" rating. In a report released on Friday, January 26th, Wedbush finally lowered their target price on Customers Bancorp shares from $70.00 to $65.00 and assigned the stock an "outperform" rating.

Clientele Bancorp Shares Rise 1.9%

 
At lunchtime on Friday, CUBI shares had a $0.91 increase, closing at $49.66. 310,887 shares on average were swapped for the stock, but only 727,647 shares were traded. Clientele Bancorp's 12-month high is $60.09, and its 12-month low is $15.80. The 200-day simple moving average for the company is $45.67, and the 50-day simple moving average is $52.69. The company's debt-to-equity ratio is 0.92, its quick ratio is 0.91, and its current ratio is 0.93. The firm is valued at $1.56 billion on the market, with a 6.79 price-to-earnings ratio, and a 1.67.26 beta.

The most recent earnings results for Customers Bancorp (NYSE:CUBI - Get Free Report) were released on Thursday, January 25. The bank beat the consensus expectation of $1.76 by $0.14 when it reported $1.90 EPS for the quarter. Customers Bancorp reported an 18.75% return on equity and a net margin of 17.23%. In contrast to the consensus forecast of $187.87 million, the company's revenue for the quarter was $191.18 million. Analysts predicting the current year's results for Customers Bancorp predict 6.93 EPS.