Brean Capital Remains a Buy on Carolina Financial Corporation (CARO)


Brean Capital analyst Blair Brantley reiterated a Buy rating on Carolina Financial Corporation (CARO) today and set a price target of $41. The company’s shares opened today at $34.18.

According to TipRanks.com, Brantley is ranked 0 out of 5 stars with an average return of -4.0% and a 27.6% success rate. Brantley covers the Financial sector, focusing on stocks such as Community Bankers Trust Corp, Patriot National Bancorp Inc, and Union Bankshares Corporation.

Currently, the analyst consensus on Carolina Financial Corporation is a Moderate Buy with an average price target of $39.

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Carolina Financial Corporation’s market cap is currently $771.9M and has a P/E ratio of 15.31. The company has a Price to Book ratio of 1.37.

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Carolina Financial Corp. is a holding company, which engages in the provision of commercial banking services to individuals and small to medium-sized businesses. It operates through the following segments: Community Banking, Wholesale Mortgage Banking, and Other. The Community Banking segment offers traditional banking services.

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