Carolina Financial Corporation (CARO) Gets a Buy Rating from Brean Capital


In a report released today, Blair Brantley from Brean Capital reiterated a Buy rating on Carolina Financial Corporation (NASDAQ: CARO). The company’s shares opened today at $41.98.

According to TipRanks.com, Brantley is a 3-star analyst with an average return of 4.7% and a 62.7% success rate. Brantley covers the Financial sector, focusing on stocks such as Union First Market Bankshares Corp, Patriot National Bancorp Inc, and Community Bankers Trust Corp.

Carolina Financial Corporation has an analyst consensus of Moderate Buy, with a price target consensus of $46.67.

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The company has a one-year high of $45.58 and a one-year low of $31.60. Currently, Carolina Financial Corporation has an average volume of 109.9K.

Based on the recent corporate insider activity of 45 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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