In a report released yesterday, Michael Diana from Maxim Group reiterated a Buy rating on Nicolet Bankshares (NIC – Research Report), with a price target of $110.00. The company’s shares closed last Thursday at $77.62.
According to TipRanks.com, Diana is a 5-star analyst with an average return of 11.1% and a 44.8% success rate. Diana covers the Financial sector, focusing on stocks such as First Savings Financial Group, Generation Income Properties, and Westamerica Bancorporation.
Nicolet Bankshares has an analyst consensus of Moderate Buy, with a price target consensus of $110.00.
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The company has a one-year high of $98.20 and a one-year low of $68.30. Currently, Nicolet Bankshares has an average volume of 42.74K.
Based on the recent corporate insider activity of 93 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 NIC in relation to earlier this year.
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Nicolet Bankshares, Inc. is a holding company, which engages in the provision of commercial and consumer banking services through its subsidiary, Nicolet Bank. It offers commercial and personal checking accounts, interest-bearing checking accounts; savings accounts; money market accounts; various types of certificates of deposit; and individual retirement accounts. It also provides commercial, construction, real estate, home equity, and consumer loans; as well as trust, investment management, and brokerage services. The company was founded by Robert Bruc Atwell and Michael E. Daniels on April 5, 2000 and is headquartered in Green Bay, WI.
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