Columbia Banking System, Inc. (NASDAQ:COLB) has obtained a mean price target of $31.400 by market experts. The research group First Call has reached this mean recommendation by taking into account the recommendations of leading analysts in the market. These market experts have disclosed projected earnings of $0.470 a share for the near-term quarter and $1.750 for this year. Technical View The technical analysis of Columbia Banking System, Inc. clearly shows that the moving average of 50-days of Columbia Banking System, Inc. (NASDAQ:COLB) stock is $28.725, and stock is trading 1.640 or +5.709% off from $28.725. Coming to moving average of 200-days, it is $29.263, and the stock is $1.102 or +3.765% off from this point. The 52-week high of Columbia Banking System, Inc. (NASDAQ:COLB) was $36.270 while $26.170 is the low in the same period. This state Columbia Banking System, Inc. shares price has to travel more than $-5.905 to register a new high of 52-weeks or drop $+16.030% to touch a new 52-week low point. MA here stands for moving average. Taking the Valuation Aspect To reach the estimation of Columbia Banking System, Inc., investors use price-to-earnings ratio, which is truncated as P/E ratio. It assesses shares price by the relative expense of the stock. Columbia Banking System, Inc. (NASDAQ:COLB) ratio came in at 17.757, which was derived by dividing current price of stock by yearly earnings. Columbia Banking System, Inc. stock recorded a close of $30.365 in last trading session, reaching a market cap of $1.76B. Investors calculate the Price-to-Earnings-Growth ratio to get a clear view on the valuation of a firm. In the case of a higher PEG ratio, the shareholders look to sell their stock holdings. The undervalued stock has a PEG ratio of 0 or 1 while the fairly valued stock has the ratio of 1 and 2. The Columbia Banking System, Inc. (NASDAQ:COLB) PEG ratio is at 1.920.
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