KBW analyst Kelly Motta maintained a Hold rating on Stock Yards Bancorp (SYBT – Research Report) yesterday and set a price target of $54.00. The company’s shares closed yesterday at $48.11.
Motta covers the Financial sector, focusing on stocks such as Glacier Bancorp, Washington Federal, and Banc of California. According to TipRanks, Motta has an average return of 7.3% and a 63.33% success rate on recommended stocks.
Stock Yards Bancorp has an analyst consensus of Moderate Buy, with a price target consensus of $53.00.
SYBT market cap is currently $1.34B and has a P/E ratio of 12.44.
Based on the recent corporate insider activity of 99 insiders, corporate insider sentiment is neutral on the stock.
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Stock Yards Bancorp (SYBT) Company Description:
Stock Yards Bancorp Inc is the holding company. The Bank provides commercial and personal banking services in the Louisville, Kentucky, Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets through full-service banking offices. Bancorp in addition to its traditional commercial and personal banking activities has a wealth management and trust department offering a wide range of investment management, retirement planning, trust and estate administration and financial planning services. Bancorp has two reportable operating segments: commercial banking and wealth management and trust. Its services include loan and deposit services, cash management services, securities brokerage activities, mortgage origination and wealth management and trust activities.
