Analysts have clear opinions on VLY.
There are 2 analysts on the Wall offering 12 month price targets for Valley National Bancorp in the last 3 months. The average price target is $12.50 with a high forecast of $12.50 and a low forecast of $12.50. The average price target represents a 11.81% increase from the last price of $11.18.
Valley National Bancorp (VLY) is followed by 2 analysts on the street.
Matthew Breese from Stephens rates it a Hold with a target of $12.50.
Similarly, Last month Ken Zerbe of Morgan Stanley Reiterated a Hold with a target of $12.50.
The consensus on the street is Hold.
What does Valley National Bancorp(VLY) do ?
Valley National Bancorp is a bank holding company, which engages in the provision of retail and commercial banking services. It operates through the following segments: Consumer Lending; Commercial Lending; Investment Management; and Corporate and other adjustments. The Consumer Lending segment consists of residential mortgage loans, automobile loans and home equity loans, as well as wealth management services including trust, asset management, insurance services, and asset-based lending support. The Commercial Lending segment refers to the floating rate and adjustable rate commercial and industrial loans as well as fixed rate owner occupied and commercial real estate loans. The Investment Management segment is the investments in various types of securities and interest-bearing deposits with other banks which focus on fixed rate securities, federal funds sold and interest-bearing deposits with banks. The Corporate and Other Adjustments segment relates to income and expense items not directly attributable to a specific segment. The company was founded in 1983 and is headquartered in Wayne, NJ.
Valley National Bancorp (VLY) Insider Trades
Multiple company employees have indulged in significant insider trading. Valley National Bancorp disclosed the following in a document filed with the US Securities and Exchange Commission (SEC):
Dir, Lipkin Gerald H : S – Sale(-$179,596) of VLY in the trading session of 2019-09-13.
Dir Korde Gerald : S – Sale(-$31,589) of VLY in the trading session of 2019-03-14.
Dir Larusso Michael L : S – Sale(-$28,892) of Valley National Bancorp in the trading session of 2018-12-14.
Looking for stocks just like VLY?
Based on Wall Street analyst research, several stocks are similar to VLY
– SBBX [Info can be found here: https://www.nasdaq.com/market-activity/stocks/SBBX ]
– LBAI [Info can be found here: https://www.nasdaq.com/market-activity/stocks/LBAI ]
– STT [Info can be found here: https://www.nasdaq.com/market-activity/stocks/STT ]