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Analysts’ Opinions Are Mixed on These Financial Stocks: 1St Source (SRCE), Ameris Bancorp (ABCB) and Bankwell Financial Group (BWFG)

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on 1St Source (SRCEResearch Report), Ameris Bancorp (ABCBResearch Report) and Bankwell Financial Group (BWFGResearch Report).

1St Source (SRCE)

KBW analyst Damon Delmonte maintained a Hold rating on 1St Source yesterday and set a price target of $54.00. The company’s shares closed last Friday at $49.32.

According to TipRanks.com, Delmonte is a 5-star analyst with an average return of 15.6% and a 66.9% success rate. Delmonte covers the Financial sector, focusing on stocks such as Enterprise Financial Services, Midwestone Financial Group, and Capitol Federal Financial.

The word on The Street in general, suggests a Hold analyst consensus rating for 1St Source with a $54.00 average price target.

See today’s best-performing stocks on TipRanks >>

Ameris Bancorp (ABCB)

KBW analyst Catherine Mealor reiterated a Buy rating on Ameris Bancorp yesterday and set a price target of $60.00. The company’s shares closed last Friday at $47.88.

According to TipRanks.com, Mealor is a 5-star analyst with an average return of 11.7% and a 60.6% success rate. Mealor covers the Financial sector, focusing on stocks such as Pinnacle Financial Partners, Southern States Bancshares, and First Financial Bankshares.

Ameris Bancorp has an analyst consensus of Strong Buy, with a price target consensus of $56.33, which is a 16.6% upside from current levels. In a report issued on April 26, Piper Sandler also assigned a Buy rating to the stock with a $55.00 price target.

Bankwell Financial Group (BWFG)

In a report released yesterday, Christopher O’Connell from KBW maintained a Buy rating on Bankwell Financial Group, with a price target of $30.00. The company’s shares closed last Friday at $23.84.

According to TipRanks.com, O’Connell is a 3-star analyst with an average return of 7.2% and a 54.5% success rate. O’Connell covers the Financial sector, focusing on stocks such as Peapack-Gladstone Financial, Dime Community Bancshares, and Metropolitan Bank Holding.

Bankwell Financial Group has an analyst consensus of Moderate Buy, with a price target consensus of $30.00.

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