Piper Sandler (NYSE:PIPR) analyst Alexander Twerdahl maintained a Hold rating on Community Bank System (NYSE:CBU) on Monday, setting a price target of $58, which is approximately 8.80% above the present share price of 53.31.
Twerdahl expects Community Bank System to post earnings per share (EPS) of 0.67 for the third quarter of 2020.
The current consensus among 1 TipRanks analysts is for a Hold rating of shares in Community Bank System, with an average price target of .
The analysts price targets range from a high of to a low of .
In its latest earnings report, released on 06/30/2020, the company reported a quarterly revenue of 144.89 million and a net profit of 0. The company's market cap is 2.85 billion.
According to TipRanks.com, Piper Sandler analyst Alexander Twerdahl is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 1.2% and a 48.97% success rate.
Community Bank System, Inc. is a financial holding company, which engages in the provision of retail, business, and municipal banking services. It operates through the following three segments: Banking, Employee Benefit Services, and All Other. The Banking segment offers array of lending and depository-related products and services to individuals, businesses and municipal enterprises. This segment also provides treasury management solutions and payment processing services. The Employee Benefit Services segment provides employee benefit trust services, collective investment fund, fund administration, transfer agency, retirement plan and VEBA/HRA and health savings account plan administration services, actuarial services, and healthcare consulting services. The All Other segment comprises of wealth management services, including trust services provided by the personal trust unit, investment products and services provided by CISI and The Carta Group, and asset advisory services provided by Nottingham and insurance services, which includes include the offerings of personal and commercial property insurance and other risk management products and services provided by OneGroup. The company was founded on April 15, 1983 and is headquartered in DeWitt, NY.