In a report issued on July 21, Jon Arfstrom from RBC Capital maintained a Hold rating on Home Bancshares (HOMB – Research Report), with a price target of $25.00. The company’s shares closed last Friday at $22.19.
According to TipRanks.com, Arfstrom is a 5-star analyst with an average return of 20.6% and a 56.4% success rate. Arfstrom covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Old National Bancorp Capital, and Provident Financial Services.
Home Bancshares has an analyst consensus of Hold, with a price target consensus of $25.00.
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The company has a one-year high of $26.64 and a one-year low of $19.83. Currently, Home Bancshares has an average volume of 1.62M.
Based on the recent corporate insider activity of 35 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 HOMB in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Home Bancshares, Inc. is a bank holding company, which engages in the provision of financial services. It primarily offers a broad range of commercial and retail banking and related financial services to businesses, real estate developers and investors, individuals, and municipalities through its wholly owned community bank subsidiary – Centennial Bank. The company was founded by John W. Allison and Robert H. Adcock Jr. in 1998 and is headquartered in Conway, AR.
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