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People's United Financial Inc. Message Board

  • mbagamers06 mbagamers06 Jul 17, 2010 8:46 AM Flag

    S&P *****

    Rafay Khalid, CFA at S&P released a very bullish report on PBCT after earnings and the announcement of the two deals. He has a price target of $20. S&P is giving PBCT 5 stars out of 5. He has god analysis.

    "Our 12-month target price of $20 is based on a
    historical average tangible book value ratio of
    1.76X applied to our 2011 tangible book value
    per share forecast of $11.51."

15.15-0.10(-0.66%)Jul 28 4:00 PMEDT