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Business Insider
13 hours ago
- Business
- Business Insider
Analysts Offer Insights on Financial Companies: Oceanfirst Financial (OCFC) and Hong Kong Exchanges & Clearing (OtherHKXCF)
Analysts have been eager to weigh in on the Financial sector with new ratings on Oceanfirst Financial (OCFC – Research Report) and Hong Kong Exchanges & Clearing (HKXCF – Research Report). Confident Investing Starts Here: Oceanfirst Financial (OCFC) In a report issued on June 6, Frank Schiraldi from Piper Sandler maintained a Hold rating on Oceanfirst Financial, with a price target of $19.00. The company's shares closed last Friday at $17.29. According to Schiraldi is a 5-star analyst with an average return of 13.6% and a 61.3% success rate. Schiraldi covers the Financial sector, focusing on stocks such as Tompkins Financial Corporation, Valley National Bancorp, and Univest Of Pennsylvania. The word on The Street in general, suggests a Hold analyst consensus rating for Oceanfirst Financial with a $20.00 average price target. In a report released yesterday, Richard Xu from Morgan Stanley maintained a Buy rating on Hong Kong Exchanges & Clearing, with a price target of HK$500.00. The company's shares closed last Friday at $51.88. According to Xu is ranked #4119 out of 9627 analysts. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Hong Kong Exchanges & Clearing with a $52.12 average price target, a 0.4% upside from current levels. In a report issued on June 2, Goldman Sachs also maintained a Buy rating on the stock with a HK$455.00 price target.
Yahoo
24-04-2025
- Business
- Yahoo
OceanFirst: Q1 Earnings Snapshot
RED BANK, N.J. (AP) — RED BANK, N.J. (AP) — OceanFirst Financial Corp. (OCFC) on Thursday reported first-quarter net income of $21.5 million. The Red Bank, New Jersey-based company said it had profit of 35 cents per share. The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 35 cents per share. The holding company for OceanFirst Bank posted revenue of $165 million in the period. Its adjusted revenue was $97.9 million, which beat Street forecasts. Three analysts surveyed by Zacks expected $95.1 million. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on OCFC at Sign in to access your portfolio
