Published On: Wed, Oct 19th, 2016

Broker Changes For Lakeland Bancorp, Inc. (NASDAQ:LBAI)


Recently stock market analysts have updated their consensus ratings on shares of Lakeland Bancorp, Inc. (NASDAQ:LBAI).

Most recent broker ratings

01/29/2016 – Lakeland Bancorp, Inc. had its “outperform” rating reiterated by analysts at Raymond James. They now have a USD 12 price target on the stock.

08/13/2015 – Lakeland Bancorp, Inc. had its “outperform” rating reiterated by analysts at Keefe, Bruyette & Woods. They now have a USD 13.5 price target on the stock.

05/08/2015 – Lakeland Bancorp, Inc. was upgraded to “buy” by analysts at Zacks. They now have a USD 13 price target on the stock.

07/23/2014 – Lakeland Bancorp, Inc. had its “neutral” rating reiterated by analysts at Macquarie. They now have a USD 12 price target on the stock.

04/29/2014 – Lakeland Bancorp, Inc. had its “buy” rating reiterated by analysts at Guggenheim. They now have a USD 13 price target on the stock.

Lakeland Bancorp, Inc. has a 50 day moving average of 13.68 and a 200 day moving average of 12.13. The stock’s market capitalization is 599.95M, it has a 52-week low of 9.72 and a 52-week high of 14.13.

The share price of the company (NASDAQ:LBAI) was down -1.10% during the last trading session, with a high of 13.80 and the volume of Lakeland Bancorp, Inc. shares traded was 51018.

Lakeland Bancorp, Inc. is the bank holding company for Lakeland Bank (Lakeland). Lakeland operates under a state bank charter and provides full banking services. Lakeland generates commercial, mortgage and consumer loans and receives deposits from customers located in Northern and Central New Jersey. Lakeland also provides non-deposit products, such as securities brokerage services, including mutual funds and variable annuities. Through Lakeland, the Company offers a range of lending, depository and related financial services to individuals and small to medium sized businesses located in northern and central New Jersey. Lakeland’s equipment financing division provides a solution to small and medium sized companies, who prefer to lease equipment over other financial alternatives. Lakeland’s asset based loan department provides commercial borrowers with another lending alternative. It also offers wire transfer, Internet banking, mobile banking and night depository services.