Analysts fell to the sidelines weighing in on Prosperity Bancshares (PB) and Capstar Financial Holdings Inc (CSTR) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
Prosperity Bancshares (PB)
In a report released today, Matt Olney from Stephens reiterated a Hold rating on Prosperity Bancshares, with a price target of $74. The company’s shares closed yesterday at $72.40.
Olney commented:
“We are lowering our 2020 EPS outlook to account for the soft balance sheet trends and moderating fee income and decreasing our price target to $74 (was $76) that is based on 15x our 2020 EPS forecast of $4.95. We reiterate our Equal-Weight rating.”
According to TipRanks.com, Olney is a 2-star analyst with an average return of 0.6% and a 46.1% success rate. Olney covers the Financial sector, focusing on stocks such as Spirit Of Texas Bancshares Inc, Business First Bancshares Inc, and Hancock Whitney Corporation.
Currently, the analyst consensus on Prosperity Bancshares is a Hold with an average price target of $73.14, which is a 1.0% upside from current levels. In a report released today, Barclays also maintained a Hold rating on the stock with a $74 price target.
See today’s analyst top recommended stocks >>
Capstar Financial Holdings Inc (CSTR)
In a report released today, Tyler Stafford from Stephens reiterated a Hold rating on Capstar Financial Holdings Inc, with a price target of $17. The company’s shares closed yesterday at $15.63.
Stafford observed:
“We are updating our 2019 and 2020 Op. EPS estimates to $1.19 and $1.31 (from $1.19 and $1.32). See table at left for GAAP EPS. Guidance Maintained.”
According to TipRanks.com, Stafford is a 4-star analyst with an average return of 5.5% and a 59.6% success rate. Stafford covers the Financial sector, focusing on stocks such as Carolina Financial Corporation, Pacific Premier Bancorp Inc, and Pinnacle Financial Partners.
The word on The Street in general, suggests a Hold analyst consensus rating for Capstar Financial Holdings Inc with a $16 average price target.
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