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


The leading market experts have placed a mean price target of $13.61 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 $0.21 a share for the upcoming quarter and $0.80 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 $12.46, and stock is trading $0.07 points away or +0.57% from its 50-day moving average of $12.46. Further it is trading $0.66 or +5.58% away its 200-day moving average of $11.87. 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 $-1.41, it will post a 52-week high. In event of +21.53% 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 19.31.

The stock last ended the trading session at $12.53 and registered a market cap of $513.18M. 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 1.57.

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