In recent stock market analysis, Keefe Bruyette's Christopher O’Connell has adjusted his outlook for Dime Community (DCOM, Financial), lowering the price target from $39 to $36. Despite this revision, the analyst continues to rate the shares with an Outperform rating. This suggests that while there may be a slight adjustment in expectations, the firm remains optimistic about DCOM's future performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for Dime Community Bancshares Inc (DCOM, Financial) is $36.90 with a high estimate of $42.00 and a low estimate of $32.00. The average target implies an upside of 42.91% from the current price of $25.82. More detailed estimate data can be found on the Dime Community Bancshares Inc (DCOM) Forecast page.
Based on the consensus recommendation from 5 brokerage firms, Dime Community Bancshares Inc's (DCOM, Financial) average brokerage recommendation is currently 1.6, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Dime Community Bancshares Inc (DCOM, Financial) in one year is $30.07, suggesting a upside of 16.46% from the current price of $25.82. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Dime Community Bancshares Inc (DCOM) Summary page.
