Brean Capital Sticks to Its Buy Rating for Carolina Financial Corporation (CARO)


Brean Capital analyst Blair Brantley reiterated a Buy rating on Carolina Financial Corporation (CARO) today. The company’s shares opened today at $34.74.

According to TipRanks.com, Brantley has currently no stars on a ranking scale of 0-5 stars, with an average return of -3.9% and a 28.4% success rate. Brantley covers the Financial sector, focusing on stocks such as Union Bankshares Corporation, Patriot National Bancorp Inc, and Community Bankers Trust Corp.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Carolina Financial Corporation with a $38.50 average price target.

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The company has a one-year high of $45.58 and a one-year low of $27.62. Currently, Carolina Financial Corporation has an average volume of 74.83K.

Based on the recent corporate insider activity of 40 insiders, corporate insider sentiment is negative on the stock.

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.

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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