OCFC Similar Chart Price Prediction
The price of OCFC is predicted to go up -11.96%, based on the high correlation periods with INM. The similarity of these two price pattern on the periods is 95.38%.
OCFC
INM
Down: -11.96%Similarity: 95.38%
OCFC Revenue Forecast
OCFC EPS Forecast
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OCFC Analyst's Forecast
Manuel Navas
DA Davidson
Hold
2024-11-18
Price Target
$20 → $22
Upside
+8.27%
DA Davidson raised the firm's price target on OceanFirst Financial to $22 from $20 and keeps a Neutral rating on the shares. The firm notes that while U.S. election results give the bank "added flexibility", it still sees 2025 as a transition year, adding however that a step up in deposit growth organically or through M&A would translate quickly to better loan growth and the firm "more constructive" on OceanFirst, the analyst tells investors in a research note.
