KBW analyst Catherine Mealor maintained a Hold rating on SmartFinancial (SMBK – Research Report) yesterday and set a price target of $25.00. The company’s shares closed yesterday at $23.80.
Mealor covers the Financial sector, focusing on stocks such as Bank OZK, Atlantic Union Bankshares, and FB Financial. According to TipRanks, Mealor has an average return of 13.5% and a 64.90% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for SmartFinancial with a $24.67 average price target.
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The company has a one-year high of $27.99 and a one-year low of $18.66. Currently, SmartFinancial has an average volume of 34.88K.
Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of SMBK in relation to earlier this year.
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SmartFinancial (SMBK) Company Description:
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 Fourth Quarter 2023
- SMBK Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- SmartFinancial Sets Dates for Fourth Quarter Earnings Release and Conference Call
- SmartFinancial Announces Transfer Of Listing Of Common Stock To The New York Stock Exchange
- SmartFinancial transfers listing of its common stock to the NYSE
