Analyst Price Target is $12.42
▲ +9.94% Upside Potential
This price target is based on 13 analysts offering 12 month price targets for New York Community Bancorp in the last 3 months. The average price target is $12.42, with a high forecast of $17.00 and a low forecast of $8.50. The average price target represents a 9.94% upside from the last price of $11.30.
Current Consensus is
The current consensus among 13 investment analysts is to moderate buy stock in New York Community Bancorp. This Moderate Buy consensus rating has held steady for over two years.
New York Community Bancorp, Inc. operates as the bank holding company for Flagstar Bank, N.A. that provides banking products and services in the United States. The company's deposit products include interest-bearing checking and money market, savings, non-interest-bearing, and retirement accounts, as well as certificates of deposit. Its loan products comprise multi-family loans; commercial real estate loans; acquisition, development, and construction loans; commercial and industrial loans; one-to-four family loans; specialty finance loans and leases; warehouse loans; and other loans, such as home equity lines of credit, boat and recreational vehicle indirect lending, point of sale consumer loans, and other consumer loans, including overdraft loans. The company also offers cash management products; non-deposit investment and insurance products; and online banking, mobile banking, and bank-by-phone services. It primarily serves individuals, small and mid-size businesses, and professional associations. 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 Hicksville, New York.