Piper Sandler Issues Positive Forecast for Isabella Bank (OTCMKTS:ISBA) Stock Price

Isabella Bank (OTCMKTS:ISBA) had its target price upped by equities researchers at Piper Sandler from $26.50 to $28.00 in a research note issued to investors on Monday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Piper Sandler’s price objective indicates a potential upside of 8.53% from the stock’s previous close.

Isabella Bank Stock Performance

Shares of OTCMKTS ISBA traded up $0.01 during trading hours on Monday, reaching $25.80. The stock had a trading volume of 300 shares, compared to its average volume of 1,141. The business’s fifty day moving average is $25.52 and its two-hundred day moving average is $22.43. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.81 and a quick ratio of 0.81. The company has a market cap of $191.69 million, a price-to-earnings ratio of 13.87 and a beta of 0.02. Isabella Bank has a twelve month low of $17.55 and a twelve month high of $26.23.

Isabella Bank (OTCMKTS:ISBA) last released its quarterly earnings data on Thursday, January 30th. The company reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.03. Isabella Bank had a return on equity of 7.34% and a net margin of 13.28%. As a group, research analysts expect that Isabella Bank will post 2.4 EPS for the current year.

Isabella Bank Company Profile

Isabella Bank Corporation operates as the bank holding company for Isabella Bank that provides various banking products and services to businesses, institutions, and individuals and their families. Its deposit products include checking accounts, savings accounts, certificates of deposit, direct deposits, and money market accounts.