▲ +6.11% Upside Potential
This price target is based on 12 analysts offering 12 month price targets for New York Community Bancorp in the last 3 months. The average price target is $12.82, with a high forecast of $16.00 and a low forecast of $10.00. The average price target represents a 6.11% upside from the last price of $12.08.
The current consensus among 12 polled investment analysts is to hold stock in New York Community Bancorp. This rating has held steady since March 2021, when it changed from a Buy consensus rating.
New York Community Bancorp, Inc. operates as the bank holding company for New York Community Bank that provides banking products and services in Metro New York, New Jersey, Ohio, Florida, and Arizona. The company accepts various deposit products, such as interest-bearing checking and money market, savings, non-interest-bearing, and individual retirement accounts, as well as certificates of deposit. Its loan products include multi-family loans; commercial real estate loans; specialty finance loans and leases; and commercial and industrial loans; acquisition, development, and construction loans; one-to-four family loans; and consumer loans. The company also offers annuities, life and long-term care insurance products, and mutual funds; cash management products; and online, mobile, and phone banking services. It primarily serves individuals, small and mid-size businesses, and professional associations through a network of 237 community bank branches and 340 ATM locations. The company was formerly known as Queens County Bancorp, Inc. and changed its name to New York Community Bancorp, Inc. in November 2000. New York Community Bancorp, Inc. was founded in 1859 and is headquartered in Westbury, New York.