5 Best American Bank Stocks To Buy According to Analysts

1. New York Community Bancorp, Inc. (NYSE:NYCB)

Average Analyst Share Price Target Upside: 98%

Average Share Price Target: $11.38

Including New York Community Bancorp, Inc. (NYSE:NYCB) in our list of the most loved American bank stocks among analysts was a tricky decision given its 45% share price drop. However, despite more than four analyst downgrades in February, the average share price target is $11.38, with a 98% upside that makes the stock hard to ignore.

35 out of the 910 hedge funds profiled by Insider Monkey were the bank’s investors as of Q3 2023 end. New York Community Bancorp, Inc. (NYSE:NYCB)’s biggest investor among these is Irving Kahn’s Kahn Brothers due to its $71.3 million investment.

Disclosure: None. You can also take a look at 13 Most Profitable Real Estate Stocks Now and Top 20 Drug Companies in the US by Revenue.

Insider Monkey focuses on uncovering the best investment ideas of hedge funds and investors. Please subscribe to our daily free newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.