In a report released today, Stephen Scouten from Piper Sandler maintained a Buy rating on Home Bancshares (HOMB – Research Report), with a price target of $27.00. The company’s shares closed yesterday at $23.22.
Scouten covers the Financial sector, focusing on stocks such as Hilltop Holdings, Trustmark, and Veritex. According to TipRanks, Scouten has an average return of 5.1% and a 53.48% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Home Bancshares with a $26.75 average price target.
The company has a one-year high of $25.61 and a one-year low of $19.13. Currently, Home Bancshares has an average volume of 985.2K.
Based on the recent corporate insider activity of 40 insiders, corporate insider sentiment is neutral on the stock.
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Home Bancshares (HOMB) Company Description:
Home Bancshares, Inc. is a bank holding company, which engages in the provision of financial services. It primarily offers a broad range of commercial and retail banking and related financial services to businesses, real estate developers and investors, individuals, and municipalities through its wholly owned community bank subsidiary – Centennial Bank. The company was founded by John W. Allison and Robert H. Adcock Jr. in 1998 and is headquartered in Conway, AR.
