Keefe, Bruyette & Woods Upgrades Susquehanna Bancshares (SUSQ) to Outperform; Valuation & Improved Earnings Power

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 8/16/2026

1. AMAT
2. GLOB
3. SPY
4. RDDT
5. SNDK
6. HTFL
7. ADYEN:NA
8. DVLT
9. ADYYF
10. WDAY

June 22, 2011 7:05 AM EDT
Get Alerts SUSQ Hot Sheet
Price: $14.20 --0%

Rating Summary:
    3 Buy, 7 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
Keefe, Bruyette & Woods upgraded Susquehanna Bancshares (NASDAQ: SUSQ) to Outperform. PT $10.

KBW analyst said, "We are upgrading the shares of SUSQ due to valuation and our increased confidence in the balance sheet ahead of 2Q11 earnings results. The shares trade at only 1.17x pro forma TBV & 8.1x our 2013 EPS estimate for a franchise that we expect to show loan growth, witness better credit metrics & benefit from the redeployment of Abington's excess capital with its acquisition of Tower."

For more ratings news on Susquehanna Bancshares click here and for the rating history of Susquehanna Bancshares click here.

Shares of Susquehanna Bancshares closed at $7.70 yesterday.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Upgrades

Related Entities

Keefe, Bruyette & Woods, Susquehanna International Group of Companies, Earnings