In a report issued on March 15, Blair Brantley from Brean Capital reiterated a Buy rating on Carolina Financial Corporation (CARO). The company’s shares opened today at $36.34.
According to TipRanks.com, Brantley is a 1-star analyst with an average return of -2.0% and a 32.5% success rate. Brantley covers the Financial sector, focusing on stocks such as Union Bankshares Corporation, Community Bankers Trust Corp, and Patriot National Bancorp Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Carolina Financial Corporation with a $36 average price target.
See today’s analyst top recommended stocks >>
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 69.5K.
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.
