Chemical Financial Corp. (NASDAQ:CHFC) had its price target increased by Keefe, Bruyette & Woods from $24.00 to $28.00 in a research report sent to investors on Thursday morning, StockRatingsNetwork.com reports. The firm currently has a market perform rating on the stock.
Keefe, Bruyette & Woods has also taken action a number of other financials stocks recently. The firm raised its price target on shares of City National Corp. from $57.00 to $61.00. They have a market perform rating on that stock. Also, Keefe, Bruyette & Woods raised its price target on shares of PNC Financial Services Group Inc. from $69.00 to $75.00. They have a market perform rating on that stock. Finally, Keefe, Bruyette & Woods raised its price target on shares of M&T Bank Corp. from $117.00 to $124.00. They have a market perform rating on that stock.
Shares of Chemical Financial Corp. (NASDAQ: CHFC) traded up 1.34% during mid-day trading on Thursday, hitting $30.30. Chemical Financial Corp. has a 52 week low of $20.60 and a 52 week high of $30.00. The stock’s 50-day moving average is currently $26.93. The company has a market cap of $827.6 million and a P/E ratio of 15.82.
Chemical Financial Corporation (NASDAQ: CHFC) is a financial holding company.