Fidelity Southern (LION) Gets a Buy Rating from Stephens


Stephens analyst Tyler Stafford maintained a Buy rating on Fidelity Southern (NASDAQ: LION) today and set a price target of $31. The company’s shares opened today at $23.23.

According to TipRanks.com, Stafford is a 4-star analyst with an average return of 10.7% and a 54.8% success rate. Stafford covers the Financial sector, focusing on stocks such as Capstar Financial Holdings Inc, Carolina Financial Corporation, and Pacific Premier Bancorp Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fidelity Southern with a $28.50 average price target.

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The company has a one-year high of $27.05 and a one-year low of $20.28. Currently, Fidelity Southern has an average volume of 92.42K.

Based on the recent corporate insider activity of 113 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of LION in relation to earlier this year.

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.

Fidelity Southern Corp. operates as a bank holding company, which through its subsidiaries Fidelity Bank and LionMark, engages in the provision of banking services and trust and wealth management services and credit-related insurance products.

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