Analysts have been eager to weigh in on the Financial sector with new ratings on First Bancorp (FBNC – Research Report), SmartFinancial (SMBK – Research Report) and Huntington Bancshares (HBAN – Research Report).
First Bancorp (FBNC)
In a report released today, Daniel Tamayo from Raymond James downgraded First Bancorp to Hold. The company’s shares closed last Friday at $34.35.
According to TipRanks.com, Tamayo is a 5-star analyst with an average return of
First Bancorp has an analyst consensus of Moderate Buy, with a price target consensus of $37.00, representing a 7.1% upside. In a report issued on July 27, D.A. Davidson also assigned a Hold rating to the stock.
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SmartFinancial (SMBK)
Raymond James analyst Steve Moss upgraded SmartFinancial to Buy today and set a price target of $30.00. The company’s shares closed last Friday at $24.45.
According to TipRanks.com, Moss is a 5-star analyst with an average return of
SmartFinancial has an analyst consensus of Moderate Buy, with a price target consensus of $26.63, implying an 8.6% upside from current levels. In a report issued on July 26, Stephens also maintained a Buy rating on the stock with a $28.00 price target.
Huntington Bancshares (HBAN)
In a report released yesterday, Jason Goldberg from Barclays maintained a Sell rating on Huntington Bancshares, with a price target of $13.00. The company’s shares closed last Friday at $12.17.
According to TipRanks.com, Goldberg is a 5-star analyst with an average return of
Huntington Bancshares has an analyst consensus of Moderate Buy, with a price target consensus of $12.71.
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