Morgan Stanley analyst Ken Zerbe maintained a Hold rating on Cadence Bancorporation (CADE) today and set a price target of $26. The company’s shares closed yesterday at $19.43, close to its 52-week low of $18.83.
According to TipRanks.com, Zerbe is a 4-star analyst with an average return of 9.9% and a 60.0% success rate. Zerbe covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Huntington Bancshares Inc, and People’s United Financial.
Currently, the analyst consensus on Cadence Bancorporation is a Strong Buy with an average price target of $28.69.
See today’s analyst top recommended stocks >>
The company has a one-year high of $31.44 and a one-year low of $18.83. Currently, Cadence Bancorporation has an average volume of 1.51M.
Based on the recent corporate insider activity of 34 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.
Cadence Bancorp is a bank holding company, which engages in the provision of corporations, middle-market companies, small businesses, and consumers with banking and financial solutions. It operates through threthe following segments: Banking, Financial Services, and Corporate.
