KBW Reiterates Their Hold Rating on Luther Burbank Corp (LBC)

By Austin Angelo

KBW analyst Jacquelynne Bohlen reiterated a Hold rating on Luther Burbank Corp (LBCResearch Report) today and set a price target of $12. The company’s shares closed on Friday at $10.65.

According to TipRanks.com, Bohlen is ranked #1062 out of 5203 analysts.

Luther Burbank Corp has an analyst consensus of Hold, with a price target consensus of $12.

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The company has a one-year high of $13.40 and a one-year low of $7.92. Currently, Luther Burbank Corp has an average volume of 86.74K.

Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of LBC in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Luther Burbank Corp. operates as a bank holding company. The company operates through its subsidiary, Luther Burbank Savings. It accepts deposits from general public and invests those funds in real estate loans, including permanent mortgage and construction loan. Luther Burbank was founded on May 14, 1991 and is headquartered in Santa Rosa, CA.