Barclays Riterates an 'Equalweight' on Dime Community Bancshares (DCOM); 3Q11 Recap: Core Margin is Healthy, but Miss on Provision

Barclays reiterates an 'Equalweight' on Dime Community Bancshares (NASDAQ: DCOM) price target of $15.00.

Barclays analyst says, "With guidance for limited future growth and continued NIM compression, we are lowering estimates for 2011 and 2012 to $1.36 and $1.33 from $1.39 and $1.56, respectively. We do, however, continue to see meaningful upside in the shares, trading at less than 10x our 2012 estimate and a 4.35% dividend yield."

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

Shares of Dime Community Bancshares closed at $12.87 yesterday.

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