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Analysts Conflicted on These Financial Names: Alerus Financial (ALRS), Ameris Bancorp (ABCB) and Envestnet (ENV)

Analysts have been eager to weigh in on the Financial sector with new ratings on Alerus Financial (ALRSResearch Report), Ameris Bancorp (ABCBResearch Report) and Envestnet (ENVResearch Report).

Alerus Financial (ALRS)

D.A. Davidson analyst Jeff Rulis maintained a Hold rating on Alerus Financial today. The company’s shares closed last Friday at $17.35.

According to TipRanks.com, Rulis is a 3-star analyst with an average return of 1.1% and a 41.9% success rate. Rulis covers the Financial sector, focusing on stocks such as First Mid-Illinois Bancshares, Enterprise Financial Services, and First Interstate Bancsystem.

The word on The Street in general, suggests a Hold analyst consensus rating for Alerus Financial with a $19.00 average price target, implying a 7.8% upside from current levels. In a report issued on October 26, Piper Sandler also assigned a Hold rating to the stock with a $20.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Ameris Bancorp (ABCB)

In a report released today, Kevin Fitzsimmons from D.A. Davidson maintained a Buy rating on Ameris Bancorp. The company’s shares closed last Friday at $35.94.

According to TipRanks.com, Fitzsimmons is a 2-star analyst with an average return of -0.1% and a 36.4% success rate. Fitzsimmons covers the Financial sector, focusing on stocks such as Southern First Bancshares, First Guaranty Bancshares, and Business First Bancshares.

Ameris Bancorp has an analyst consensus of Strong Buy, with a price target consensus of $47.00, implying a 27.3% upside from current levels. In a report released today, Piper Sandler also assigned a Buy rating to the stock with a $48.00 price target.

Envestnet (ENV)

D.A. Davidson analyst Peter Heckmann maintained a Buy rating on Envestnet today and set a price target of $66.00. The company’s shares closed last Friday at $35.91, close to its 52-week low of $35.36.

According to TipRanks.com, Heckmann is a 1-star analyst with an average return of -3.1% and a 38.5% success rate. Heckmann covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, Tyler Technologies, and I3 Verticals.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Envestnet with a $64.50 average price target.

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