Columbia Banking System (COLB) Gets a Buy Rating from Raymond James

Raymond James analyst David Feaster maintained a Buy rating on Columbia Banking System (COLBResearch Report) today and set a price target of $34.00. The company’s shares closed last Thursday at $29.69.

According to, Feaster is a top 100 analyst with an average return of 30.5% and a 70.1% success rate. Feaster covers the Financial sector, focusing on stocks such as Bank of NT Butterfield & Son, Seacoast Banking Of Florida, and Pacific Premier Bancorp.

Columbia Banking System has an analyst consensus of Moderate Buy, with a price target consensus of $33.67.

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The company has a one-year high of $40.79 and a one-year low of $26.97. Currently, Columbia Banking System has an average volume of 875.9K.

Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of COLB in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Columbia Banking System, Inc. is a bank holding company, which engages in the provision of financial services. It specializes in personal, business, and wealth management. It offers checking and savings accounts; debit and credit cards; digital banking; personal loans; home loans; foreign currency; professional banking; treasury management; merchant card services; international banking; financial services; private banking; and trust and investment services. The company was founded in 1988 and is headquartered in Tacoma, WA.

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