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LordDarley

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LordDarley

Re: None

Monday, 12/14/2020 10:38:52 AM

Monday, December 14, 2020 10:38:52 AM

Post# of 46
Now trading at all-time high - $16.50/share. Do I hear $17, as targeted by KBW a while ago, or $19, per Compass announcement?

IMHO, if the economy does well EBC will be in the 20s within a year.

Short term setback always possible if they announce a big acquisition, because the stock market usually penalizes acquirors.

EBC has been clear that it will use the new capital for acquisitions, although no specific target has been mentioned. I very much doubt they would use stock and dilute shareholders at this price.
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