5 days ago
J.P. Morgan Keeps Their Hold Rating on Columbia Banking System (COLB)
J.P. Morgan analyst Anthony Elian maintained a Hold rating on Columbia Banking System (COLB – Research Report) today and set a price target of $26.50. The company's shares closed last Friday at $23.38.
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According to TipRanks, Elian is an analyst with an average return of -5.8% and a 33.33% success rate. Elian covers the Financial sector, focusing on stocks such as First Hawaiian, First Citizens BancShares, and Banc of California.
Columbia Banking System has an analyst consensus of Moderate Buy, with a price target consensus of $27.59, which is a 18.01% upside from current levels. In a report released on May 20, Jefferies also initiated coverage with a Hold rating on the stock with a $27.00 price target.
