Loading...
Loading...
Stifel Nicolaus reiterated its Buy rating on Eagle Bancorp
EGBN and raised the price target from $20 to $22.
Stifel Nicolaus said, "Following a solid 3Q12 we are raising estimates, raising our target to $22 from $20, and strongly reiterating our Buy rating. EGBN remains on the Stifel Select List. Eagle Bancorp, Inc. (EGBN) reported 3Q12 GAAP and operating EPS of $0.44 that was $0.03 ahead of our $0.41 operating estimate and $0.05 ahead of the $0.39 consensus. 3Q12 ROA materially expanded to an impressive 1.25% from 1.06% at 2Q12 and from 0.98% at 3Q11."
Eagle Bancorp closed at $17.84 on Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in