KBW Sticks to Their Hold Rating for Anchor Bancorp

By Austin Angelo

In a report released today, Jacquelynne Bohlen from KBW reiterated a Hold rating on Anchor Bancorp (NASDAQ: ANCB), with a price target of $31. The company’s shares opened today at $29.90, close to its 52-week high of $30.05.

According to TipRanks.com, Bohlen is a 4-star analyst with an average return of 10.3% and a 64.2% success rate. Bohlen covers the Financial sector, focusing on stocks such as Central Valley Community Bancorp, First Interstate Bancsystem, and Pacific Premier Bancorp Inc.

Anchor Bancorp has an analyst consensus of Hold.

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The company has a one-year high of $30.05 and a one-year low of $24. Currently, Anchor Bancorp has an average volume of 10.52K.

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Anchor Bancorp operates as a bank holding company, which through its subsidiary Anchor Bank provides banking services. It provides commercial banking services, such as lending activities, deposit products and other cash management services. It attracts deposits from the public and utilizes those deposits to originate loans.