In a report released today, Catherine Mealor from KBW maintained a Hold rating on SmartFinancial (SMBK – Research Report), with a price target of $24.00. The company’s shares opened today at $21.68.
Mealor covers the Financial sector, focusing on stocks such as Cadence Bank, Hancock Whitney, and Sandy Spring Bancorp. According to TipRanks, Mealor has an average return of 11.8% and a 62.13% success rate on recommended stocks.
In addition to KBW, SmartFinancial also received a Hold from D.A. Davidson’s Kevin Fitzsimmons in a report issued on April 25. However, on the same day, Stephens reiterated a Buy rating on SmartFinancial (NASDAQ: SMBK).
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The company has a one-year high of $30.41 and a one-year low of $20.11. Currently, SmartFinancial has an average volume of 47.87K.
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SmartFinancial, Inc. is a holding company, which engages in the provision of commercial banking services through SmartBank. It manages branches and loan production offices in a footprint spanning East Tennessee, Southwest Alabama, the Florida Panhandle, and North Georgia. The company was founded on September 19, 1983 and is headquartered in Knoxville, TN.
Read More on SMBK:
- SmartFinancial Announces Results for the First Quarter 2023
- SmartFinancial reports Q1 operating EPS 68c, consensus 60c
- SmartFinancial Sets Dates for First Quarter Earnings Release and Conference Call
- SmartFinancial resumed with a Market Perform at Raymond James
- SmartFinancial initiated with a Market Perform at Raymond James
