Stock To Watch: CoBiz Financial Inc. (NASDAQ:COBZ)


The leading market experts have placed a mean price target of $13.54 on CoBiz Financial Inc. (NASDAQ:COBZ) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.20 a share for the upcoming quarter and $0.78 for the current fiscal. Technical View The technical analysis of CoBiz Financial Inc. plainly substantiates that the 50-day moving average of CoBiz Financial Inc. is $12.12, and stock is hovering 0.08 or +0.63% distant from $12.12. It is noted that the 200-day MA is $11.75, and CoBiz Financial Inc. stock is $0.45 or +3.79% off from this point. CoBiz Financial Inc. (NASDAQ:COBZ) 52-week high is $13.94 and the 52-week low is $10.31. This explains if the stock moves $-1.74, it will post a 52-week high. In event of $+18.33% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of CoBiz Financial Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, CoBiz Financial Inc. (NASDAQ:COBZ) ratio came in at 19.74. The stock last ended the trading session at $12.20 and registered a market cap of $498.65M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. CoBiz Financial Inc. (NASDAQ:COBZ) PEG ratio is at 1.53.

1 Chart Pattern Every Investor Should Know

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