A number of firms have modified their ratings and price targets on shares of Customers Bancorp (NYSE: CUBI) recently:
- 7/1/2026 – Customers Bancorp was given a new $94.00 price target by Fundamental Research.
- 7/1/2026 – Customers Bancorp had its price target raised by JPMorgan Chase & Co. from $86.00 to $94.00. They now have an “overweight” rating on the stock.
- 6/29/2026 – Customers Bancorp had its “buy (b)” rating reaffirmed by Weiss Ratings.
- 6/29/2026 – Customers Bancorp had its price target raised by Morgan Stanley from $83.00 to $88.00. They now have an “equal weight” rating on the stock.
- 6/26/2026 – Customers Bancorp had its price target raised by Piper Sandler from $86.00 to $92.00. They now have an “overweight” rating on the stock.
Insider Activity
In other news, CEO Samvir S. Sidhu acquired 1,000 shares of the stock in a transaction dated Tuesday, May 12th. The shares were bought at an average cost of $72.58 per share, for a total transaction of $72,580.00. Following the purchase, the chief executive officer directly owned 521,714 shares of the company’s stock, valued at approximately $37,866,002.12. This trade represents a 0.19% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Chairman Jay S. Sidhu sold 60,315 shares of the company’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $76.23, for a total transaction of $4,597,812.45. Following the completion of the sale, the chairman directly owned 767,557 shares in the company, valued at approximately $58,510,870.11. The trade was a 7.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 10.45% of the company’s stock.
Through its commercial banking division, the company provides term loans, lines of credit, real estate financing, asset‐based lending and treasury management services.
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