In a report released today, Casey Whitman from Piper Sandler maintained a Buy rating on Southern First Bancshares (SFST – Research Report), with a price target of $40.00. The company’s shares closed yesterday at $27.26.
According to TipRanks, Whitman is a 4-star analyst with an average return of 7.5% and a 51.28% success rate. Whitman covers the Financial sector, focusing on stocks such as Eagle Bancorp, Stock Yards Bancorp, and Southern First Bancshares.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Southern First Bancshares with a $40.00 average price target.
SFST market cap is currently $222.3M and has a P/E ratio of 16.40.
Based on the recent corporate insider activity of 40 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 SFST in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Southern First Bancshares (SFST) Company Description:
Southern First Bancshares, Inc. is a bank holding company, which engages in the provision of banking products and services for small-to medium-sized businesses, professionals, and other individuals. It operates through the following segments: Commercial and Retail Banking, Mortgage Banking, and Corporate. The Commercial and Retail Banking segment offers traditional deposit and lending products and services. The Mortgage Banking segment gives mortgage loan origination services for loans that will be sold in the secondary market to investors. The Corporate segment involves in the compensation and benefits for certain member of management and interest in parent company debt. The company was founded in March 1999 and is headquartered in Greenville, SC.
