Analysts’ Top Financial Picks: CBU, HOPE

By Austin Angelo

Analysts fell to the sidelines weighing in on Community Bank System (NYSE: CBU), Hope Bancorp Inc (NASDAQ: HOPE) and BB&T Corp (NYSE: BBT) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.

Community Bank System (NYSE: CBU)

In a report issued on September 13, Matthew Breese from Piper Jaffray reiterated a Hold rating on Community Bank System (NYSE: CBU), with a price target of $51. The company’s shares closed on Friday at $51.99.

According to TipRanks.com, Breese is a 4-star analyst with an average return of 8.8% and a 71.1% success rate. Breese covers the Financial sector, focusing on stocks such as Univest Corporation Of Pennsylvania, Western New England Bancorp Inc, and First Connecticut Bancorp Inc.

Currently, the analyst consensus on Community Bank System is Hold and the average price target is $53.50, representing a 2.9% upside.

In a report issued on September 7, RBC Capital also reiterated a Hold rating on the stock with a $57 price target.
Hope Bancorp Inc (NASDAQ: HOPE)

Piper Jaffray analyst Matthew Clark reiterated a Hold rating on Hope Bancorp Inc (NASDAQ: HOPE) on September 15 and set a price target of $18. The company’s shares closed on Friday at $16.02, close to its 52-week low of $15.10.

According to TipRanks.com, Clark is a 2-star analyst with an average return of 0.7% and a 47.1% success rate. Clark covers the Financial sector, focusing on stocks such as First Interstate Bancsystem, Pacific Premier Bancorp Inc, and First Bancorp Puerto Rico.

Currently, the analyst consensus on Hope Bancorp Inc is Hold and the average price target is $19.33, representing a 20.7% upside.

In a report issued on September 5, KBW also reiterated a Hold rating on the stock with a $19 price target.
BB&T Corp (NYSE: BBT)

In a report issued on September 13, Kevin Barker from Piper Jaffray reiterated a Hold rating on BB&T Corp (NYSE: BBT), with a price target of $45. The company’s shares closed on Friday at $44.14.

According to TipRanks.com, Barker is a 5-star analyst with an average return of 8.9% and a 68.3% success rate. Barker covers the Financial sector, focusing on stocks such as Altisource Portfolio Solutions SA, Huntington Bancshares Inc, and TCF Financial Corporation.

Currently, the analyst consensus on BB&T Corp is Hold and the average price target is $47.63, representing a 7.9% upside.

In a report issued on September 15, Jefferies also reiterated a Hold rating on the stock with a $49 price target.

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