Credit Suisse (SIX:CSGN) analyst Moshe Orenbuch maintained a Hold rating on New York Community Bancorp (NASDAQ:CTBI) on Wednesday, setting a price target of $11, which is approximately 16.65% above the present share price of $9.43.
Orenbuch expects New York Community Bancorp (NASDAQ:TBBK) to post earnings per share (EPS) of $0.20 for the third quarter of 2020.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in NY Community (NYSE:NYCB), with an average price target of $12.08.
The analysts price targets range from a high of $14 to a low of $10.5.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $261.37 million and a net profit of $0. The company's market cap is $4.48 billion.
According to TipRanks.com, Credit Suisse analyst Moshe Orenbuch is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 8.3% and a 64.08% success rate.
New York Community Bancorp, Inc. engages in the production of multi-family loans on non-luxury rent-regulated buildings that feature below-market rents. It offers financial products and services to individuals and businesses. The company was founded on July 20, 1993 and is headquartered in Westbury, NY.