ConnectOne Bancorp, Inc. (CNOB) Stock Analysis
Breakout setup
Financial Services · Banks - Regional
Hold if already holding. Not a fresh buy at $29.43, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (2.4% away).
ConnectOne Bancorp, Inc. operates as the bank holding company for ConnectOne Bank that provides commercial banking products and services for small and mid-sized businesses, local professionals, and individuals in the United States. The company offers personal and business... Read more
Hold if already holding. Not a fresh buy at $29.43, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (2.4% away). Chart setup: Golden cross, above all MAs, RSI 60, MACD bullish. Downgraded from BUY WAIT — price $29.43 has reached target $29.55. No upside to wait for. Score 6.6/10, moderate confidence.
Passes 6/7 gates (positive momentum, clean insider activity, no SEC red flags, news events none recent, earnings proximity 94d clear, semi cycle peak clear). Fails on favorable risk/reward ratio. Suitability: aggressive.
Thesis
Key Metrics
Quality Signals
Options Flow
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer
Rating Breakdown
1 ceiling hit
Price Targets
Position Sizing
Risk Alerts
Earnings
Verdict History
Frequently Asked Questions
Hold if already holding. Not a fresh buy at $29.43, but acceptable to hold if already in. Reasons: Analyst target reached - limited upside remaining; Near 52-week high (2.4% away). Chart setup: Golden cross, above all MAs, RSI 60, MACD bullish. Downgraded from BUY WAIT — price $29.43 has reached target $29.55. No upside to wait for. Target $29.55 (+0.4%), stop $25.93 (−13.5%), A.R:R -0.4:1. Score 6.6/10, moderate confidence.
Take-profit target: $29.55 (+8.4% upside). Target $29.55 (+0.4%), stop $25.93 (−13.5%), A.R:R -0.4:1. Stop-loss: $25.93.
Analyst target reached - limited upside remaining; Near 52-week high (2.4% away).
ConnectOne Bancorp, Inc. trades at a P/E of 15.7 (forward 8.1). TrendMatrix value score: 7.8/10. Verdict: Hold.
11 analysts cover CNOB with a consensus score of 4.3/5. Average price target: $33.
What does ConnectOne Bancorp, Inc. do?ConnectOne Bancorp, Inc. operates as the bank holding company for ConnectOne Bank that provides commercial banking...
ConnectOne Bancorp, Inc. operates as the bank holding company for ConnectOne Bank that provides commercial banking products and services for small and mid-sized businesses, local professionals, and individuals in the United States. The company offers personal and business checking, money market, and time and savings accounts; credit cards, wire transfers, safe deposit boxes, automated teller services and telephone, and internet and mobile banking. It also provides retirement accounts, consumer and cash management services for business clients, including treasury direct, automated clearing house origination, remote deposit capture, and digital invoicing. In addition, the company offers consumer and commercial business loans, including lines of credit, commercial and residential mortgages, home equity and bridge loans, and other personal loans; commercial loans secured by collateral, such as business assets including accounts receivable, inventory and equipment, and mortgages filed on commercial and residential real estate, as well as cash balances and marketable securities. Further, the company provides real estate loans, which includes loans secured by first liens on completed commercial properties, including multifamily properties, to purchase or refinance properties; residential mortgages, such as loans secured by first liens on 1-4 family and condominiums; and cooperative residential real estate loans. The company was formerly known as Center Bancorp, Inc. and changed its name to ConnectOne Bancorp, Inc. in July 2014. ConnectOne Bancorp, Inc. was incorporated in 1982 and is headquartered in Englewood Cliffs, New Jersey.