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Magyar Bancorp, Inc. operates as the bank holding company for Magyar Bank that provides various banking products and services for families and businesses in Central New Jersey.View MGYR
Magyar Bancorp Inc - MGYR - EQUITY
Reviewed By: TheStreet Ratings on .
Report Summary: TheStreet Ratings team rates Magyar Bancorp Inc as a
Buy with a ratings score of B+.
Report Snippet: We rate MAGYAR BANCORP INC (MGYR) a BUY. This is driven by some important positives, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, solid stock price performance and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.