Analyst Price Target is $18.20
▲ +19.50% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for OceanFirst Financial in the last 3 months. The average price target is $18.20, with a high forecast of $20.00 and a low forecast of $15.00. The average price target represents a 19.50% upside from the last price of $15.23.
Current Consensus is
Hold
The current consensus among 5 contributing investment analysts is to hold stock in OceanFirst Financial. This Hold consensus rating has held steady for over two years.
OceanFirst Financial Corp. operates as the bank holding company for OceanFirst Bank N.A. that provides community banking services to retail and commercial customers. It accepts money market accounts, savings accounts, interest-bearing checking accounts, non-interest-bearing accounts, and time deposits, that includes brokered deposits to retail, government, and business customers. The company also offers commercial real estate, multi-family, land loans, construction, and commercial and industrial loans; fixed-rate and adjustable-rate mortgage loans that are secured by one-to-four family residences; and consumer loans, such as home equity loans and lines of credit, student loans, overdraft line of credit, loans on savings accounts, and other consumer loans. In addition, it invests in mortgage-backed securities, securities issued by the U.S. Government and agencies, corporate securities, and other investments. Further, the company offers bankcard, trust and asset management services; and bank owned life insurance products. The company was founded in 1902 and is based in Red Bank, New Jersey.
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