Community Bank System, Inc. Holds Steady with a

Community Bank System, Inc. (NYSE:CBU), a steadfast financial institution, has recently been tagged with an average broker rating of 'Hold'. This consensus comes from the analysis of five brokerage firms currently keeping an eye on the company. While investment opinions vary, the scale of recommendations includes one analyst opting for a 'sell' rating, another suggesting investors maintain their position with a 'hold', and three other analysts advocating a 'buy' stance towards CBU stock.

Broker Price Targets on CBU

Over the past year, these brokerage firms have set a collective target price for CBU at $54.00. Individual analyst positions have shown dynamic changes, with StockNews.com downgrading CBU to 'sell' recently. Yet, on a more positive note, Raymond James has increased their price target for the company, indicating a potential for outperformance in the market.

Transactions by Insiders

In related news, notable transactions by company insiders include a sale of shares by Director Sally A. Steele, who after recent sales, holds a significant stake in the company. These transactions are publicly disclosed and detailed in filings with the Securities & Exchange Commission.

Institutional Investor Activity

CBU has also seen a flurry of activity from institutional investors. These range from new stakes being acquired by entities such as B. Riley Wealth Advisors Inc. to investment adjustments by firms like Citigroup Inc. and Boston Partners, reflecting a diverse interest and confidence in the company’s stock.

Stock Performance

The bank’s stock opened at $45.81 on a recent trading day, with the past year showing a low of $35.38 and a high of $62.91. CBU’s market capitalization stands at $2.45 billion, and it has maintained a stable P/E ratio. Despite fluctuations, the company carries a solid financial structure with a reasonable debt-to-equity ratio and consistency in its revenue stream.

Recent Earnings and Dividends

CBU's latest earnings report highlighted a slight miss on expected earnings per share but overall, the bank showcased a respectable performance with continual revenue growth. They further declared a quarterly dividend, benefiting their shareholders with a reasonable yield based on the current stock price.

About Community Bank System

Community Bank System, Inc., operates through various segments to provide comprehensive banking and financial services, aiding in the financial growth and stability of its retail, commercial, and municipal customers.

Conclusion

The current outlook on Community Bank System, Inc. presents a neutral to favorable standing from investment analysts, with insider moves and institutional investments indicating continued interest in the company's operational and financial health.

CBU, Hold, Brokers