RBC Capital analyst Steven Duong maintained a Buy rating on New York Community Bancorp (NYSE:NYCB) on Monday, setting a price target of $12, which is approximately 16.28% above the present share price of $10.32.
Duong expects New York Community Bancorp (NASDAQ:CTBI) to post earnings per share (EPS) of $0.23 for the fourth quarter of 2020.
The current consensus among 6 TipRanks analysts is for a Hold rating of shares in NY Community, with an average price target of $11.1.
The analysts price targets range from a high of $12 to a low of $10.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $295.65 million and a net profit of $0. The company's market cap is $4.82 billion.
According to TipRanks.com, RBC Capital analyst Steven Duong is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 20.6% and a 65.22% 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.