Shares of Columbia Banking System Inc (COLB, Financial) fell 3.22% in mid-day trading on Sep 11. The stock reached an intraday low of $22.95, before recovering slightly to $23.11, down from its previous close of $23.88. This places COLB 17.80% below its 52-week high of $28.12 and 35.34% above its 52-week low of $17.08. Trading volume was 291,300 shares, 14.8% of the average daily volume of 1,962,553.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 11 analysts, the average target price for Columbia Banking System Inc (COLB, Financial) is $27.27 with a high estimate of $36.00 and a low estimate of $24.00. The average target implies an upside of 18.01% from the current price of $23.11. More detailed estimate data can be found on the Estimates page.
Based on the consensus recommendation from 12 brokerage firms, Columbia Banking System Inc's (COLB, Financial) average brokerage recommendation is currently 2.8, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
