Validea John Neff Strategy Daily Upgrade Report - 10/18/2024
Written by Emily J. Thompson, Senior Investment Analyst
Source: NASDAQ.COM
Validea's Low PE Investor Model Updates: The ratings for Federal Agricultural Mortgage Corp (AGM), Webster Financial Corporation (WBS), and Metropolitan Bank Holding Corp (MCB) have all increased from 60% to 79%, indicating growing interest based on their fundamentals and valuations.
About John Neff and Validea: John Neff, known for his conservative investment approach, achieved significant returns managing the Windsor Fund. Validea provides investment research based on strategies from successful investors like Neff, aiming to help investors outperform the market.
Analyst Views on MCB
Wall Street analysts forecast MCB stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for MCB is 88.00 USD with a low forecast of 86.00 USD and a high forecast of 90.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 88.770
Low
86.00
Averages
88.00
High
90.00
Current: 88.770
Low
86.00
Averages
88.00
High
90.00
About MCB
Metropolitan Bank Holding Corp. is a bank holding company. The Company, through its subsidiary, Metropolitan Commercial Bank, a New York state-chartered commercial bank, provides a range of business, commercial and retail banking products and services to small businesses, middle-market enterprises, public entities and affluent individuals in the New York metropolitan area. In addition to traditional commercial banking products, the Company offers corporate cash management and retail banking services; customized financial solutions for government entities, municipalities, public institutions and charter schools; specialized services to facilitate secure and efficient real estate transactions and tax-deferred exchanges for title and escrow and Section 1031 exchanges; and EB-5 Program accounts for qualified foreign investors. Its commercial real estate products include acquisition loans, renovation loans, loans on owner-occupied properties and construction loans.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
