Refinance News

Columbia Banking System (COLB) Cut to Hold at BidaskClub

 · BidaskClub cut Columbia Banking System from a “hold” rating to a “sell” rating in a research note on Saturday, March 9th. ValuEngine raised Columbia Banking System from a “sell” rating to a “hold” rating in a research note on Saturday, May 4th.

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Zacks Investment Research upgraded shares of Columbia Banking System (NASDAQ:COLB) from a sell rating to a hold rating in a research note published on Thursday morning, Zacks.com reports. According to Zacks, “Columbia Banking System, Inc. is a registered bank holding company whose wholly owned subsidiary, Columbia State Bank,conducts a full-service commercial banking business.

Equities research analysts forecast that Columbia Banking System Inc (NASDAQ:COLB) will report sales of $147.22 million for the current fiscal quarter, Zacks Investment Research reports. Three analysts have made estimates for Columbia Banking System’s earnings, with the lowest sales estimate coming in at $146.05 million and the highest estimate coming in at $149.10 million.

Technical stock forecast for COLB: Columbia Banking System holds several negative signals and is within a wide and falling trend, so we believe it will still perform weakly in Columbia Banking System lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled.

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BidaskClub cut shares of Columbia Banking System (NASDAQ:COLB) from a buy rating to a hold rating in a research report released on Friday, BidAskClub reports. Several other brokerages also recently commented on COLB. ValuEngine raised Columbia Banking System from a sell rating to a hold rating in a research report on Saturday, May 4th. 3 days ago.

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