Wedbush Reiterates “Outperform” Rating for Colonial Financial Services, Inc. (COBK)
Colonial Financial Services, Inc. (NASDAQ:COBK)‘s stock had its “outperform” rating restated by stock analysts at Wedbush in a report released on Saturday. They currently have a $26.00 target price on the stock. Wedbush’s price objective would indicate a potential upside of 85.71% from the company’s previous close.
Shares of Colonial Financial Services (NASDAQ:COBK) opened at 14 on Friday. The stock has a 50 day moving average price of $14.00 and a 200-day moving average price of $13.00. Colonial Financial Services has a 52 week low of $11.00 and a 52 week high of $14.00.
Colonial Financial Services Company Profile
Colonial Financial Services, Inc serves as the stock holding company for Colonial Bank, FSB. The Company conducts operations from Vineland, New Jersey and has eight full-service branch offices located in Cumberland and Gloucester counties in New Jersey. The Company’s has a private employers, as well as public employers such as federal, state and local governments.
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