Amalgamated Bank (NASDAQ:AMAL) issued its earnings results on Monday. The company reported $0.40 EPS for the quarter, topping the Zacks’ consensus estimate of $0.38 by $0.02, MarketWatch Earnings reports.

NASDAQ:AMAL opened at $18.75 on Tuesday. Amalgamated Bank has a 52 week low of $13.25 and a 52 week high of $19.62.

A number of brokerages have commented on AMAL. Raymond James began coverage on shares of Amalgamated Bank in a research note on Friday, September 7th. They issued an “outperform” rating on the stock. Barclays assumed coverage on shares of Amalgamated Bank in a research note on Wednesday, September 5th. They set an “overweight” rating and a $20.00 price objective on the stock. JPMorgan Chase & Co. assumed coverage on shares of Amalgamated Bank in a research note on Tuesday, September 4th. They set an “overweight” rating and a $21.00 price objective on the stock. Sandler O’Neill assumed coverage on shares of Amalgamated Bank in a research note on Tuesday, September 4th. They set a “buy” rating and a $21.00 price objective on the stock. Finally, Piper Jaffray Companies assumed coverage on shares of Amalgamated Bank in a research note on Tuesday, September 4th. They set a “neutral” rating and a $19.50 price objective on the stock. Two analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $20.10.

About Amalgamated Bank

Amalgamated Bank provides personal and commercial banking products and services to working families, unions, commercial real estate industries, healthcare markets, institutional investors, law firms, non-profits, and political organizations in the United States. The company offers checking, savings, certificates of deposit, money market, and individual retirement accounts; home equity lines of credit options, mortgages, and personal loans and lines of credit options; and commercial loans (lines of credit, letters of credit, and term loans).

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