Keefe, Bruyette & Woods lifted their target price on shares of S&T Bancorp (NASDAQ:STBA) from $24.00 to $25.00 in a research note issued on Tuesday, Analyst Ratings Network.com reports. Keefe, Bruyette & Woods’ price target points to a potential upside of 3.78% from the company’s current price.
A number of other firms have also recently commented on STBA. Analysts at RBC Capital raised their price target on shares of S&T Bancorp (NASDAQ:STBA) from $20.00 to $23.00 in a research note to investors on Thursday, July 25th. They now have a “sector perform” rating on the stock. Analysts at Guggenheim upgraded shares of S&T Bancorp (NASDAQ:STBA) from a “neutral” rating to a “buy” rating in a research note to investors on Wednesday, June 26th.
Shares of S&T Bancorp (NASDAQ:STBA) traded up 0.42% on Tuesday, hitting $24.09. 74,921 shares of the company’s stock traded hands. S&T Bancorp has a one year low of $16.32 and a one year high of $24.98. The stock’s 50-day moving average is $23.58 and its 200-day moving average is $20.64. The company has a market cap of $716.4 million and a price-to-earnings ratio of 14.65.
S&T Bancorp (NASDAQ:STBA) last posted its quarterly earnings results on Tuesday, July 23rd. The company reported $0.47 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.36 by $0.11. During the same quarter last year, the company posted $0.30 earnings per share. On average, analysts predict that S&T Bancorp will post $1.65 earnings per share for the current fiscal year.
S&T Bancorp, Inc (NASDAQ:STBA) is a bank holding company and has three wholly owned subsidiaries, S&T Bank, 9th Street Holdings, Inc and STBA Capital Trust I.