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Analysts’ Opinions Are Mixed on These Financial Stocks: LINKBANCORP (LNKB), Bank of America (BAC) and United Community Banks (UCBI)

Analysts have been eager to weigh in on the Financial sector with new ratings on LINKBANCORP (LNKBResearch Report), Bank of America (BACResearch Report) and United Community Banks (UCBIResearch Report).

LINKBANCORP (LNKB)

In a report released yesterday, Justin Crowley from Piper Sandler reiterated a Hold rating on LINKBANCORP, with a price target of $8.50. The company’s shares closed last Friday at $7.90.

According to TipRanks.com, Crowley is a 3-star analyst with an average return of 10.7% and a 71.4% success rate. Crowley covers the Financial sector, focusing on stocks such as Esquire Financial Holdings, William Penn Bancorp, and Unity Bancorp.

LINKBANCORP has an analyst consensus of Moderate Buy, with a price target consensus of $8.50.

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Bank of America (BAC)

Piper Sandler analyst Scott Siefers maintained a Sell rating on Bank of America yesterday and set a price target of $29.00. The company’s shares closed last Friday at $33.85.

According to TipRanks.com, Siefers is a 4-star analyst with an average return of 8.5% and a 57.0% success rate. Siefers covers the Financial sector, focusing on stocks such as Old National Bancorp Capital, Huntington Bancshares, and JPMorgan Chase & Co.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bank of America with a $35.15 average price target.

United Community Banks (UCBI)

In a report released today, Stephen Scouten from Piper Sandler maintained a Hold rating on United Community Banks, with a price target of $28.00. The company’s shares closed last Friday at $29.90.

According to TipRanks.com, Scouten is a 4-star analyst with an average return of 6.6% and a 57.3% success rate. Scouten covers the Financial sector, focusing on stocks such as USCB Financial Holdings, Inc. Class A, Pinnacle Financial Partners, and Seacoast Banking Of Florida.

The word on The Street in general, suggests a Hold analyst consensus rating for United Community Banks with a $28.67 average price target, a -3.5% downside from current levels. In a report issued on December 15, Truist Financial also maintained a Hold rating on the stock with a $32.00 price target.

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