How Analysts Feel About Anchor Bancorp (ANCB) After Touching All-Time High?

July 16, 2018 - By Jack Shaw

Anchor Bancorp (NASDAQ:ANCB) Logo

Investors sentiment is 1 in Q1 2018. Its the same as in 2017Q4. It is flat, as 0 investors sold Anchor Bancorp shares while 4 reduced holdings. only 1 funds opened positions while 3 raised stakes. 635,521 shares or 1.16% more from 628,264 shares in 2017Q4 were reported.
Moreover, Morgan Stanley has 0% invested in Anchor Bancorp (NASDAQ:ANCB). Blackrock Inc holds 0% in Anchor Bancorp (NASDAQ:ANCB) or 7,717 shares. Yakira Capital Inc, Connecticut-based fund reported 184,813 shares. Alliancebernstein Ltd Partnership reported 28,398 shares. Geode Cap Management Ltd has 0% invested in Anchor Bancorp (NASDAQ:ANCB) for 9,419 shares. Financial Bank Of America De holds 0% or 1,401 shares in its portfolio. Renaissance Lc has 0% invested in Anchor Bancorp (NASDAQ:ANCB). Boothbay Fund Ltd Liability Corp holds 0.04% or 15,000 shares. Royal Bankshares Of Canada invested in 0% or 1 shares. Vanguard Group holds 0% or 77,548 shares. Panagora Asset Mngmt reported 45 shares. Knott David M accumulated 0.12% or 12,250 shares. Bridgeway Cap Management owns 0.01% invested in Anchor Bancorp (NASDAQ:ANCB) for 25,000 shares. Css Llc Il has 0.2% invested in Anchor Bancorp (NASDAQ:ANCB). 13,667 are owned by Deutsche Bancorp Ag.

The stock of Anchor Bancorp (NASDAQ:ANCB) reached all time high today, Jul, 16 and still has $30.10 target or 6.00 % above today’s $28.40 share price. This indicates more upside for the $69.12 million company. This technical setup was reported by Barchart.com. If the $30.10 PT is reached, the company will be worth $4.15 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 2.34% or $0.65 during the last trading session, reaching $28.4. About 18,734 shares traded or 162.45% up from the average. Anchor Bancorp (NASDAQ:ANCB) has 0.00% since July 16, 2017 and is . It has underperformed by 12.57% the S&P500.

Anchor Bancorp operates as the bank holding firm for Anchor Bank that provides various banking services and products in Western Washington. The company has market cap of $69.12 million. The firm accepts deposit products, such as checking, money market deposit, and savings accounts, as well as certificates of deposit. It has a 41.16 P/E ratio. It offers one-to-four family loans, home equity loans and lines of credit, commercial and multi-family real estate loans, commercial business loans, construction and land loans, unsecured consumer loans, and automobile loans; and other cash management services.

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