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Fidelity Southern (LION) Receives a Buy from Stephens


Stephens analyst Tyler Stafford assigned a Buy rating to Fidelity Southern (NASDAQ: LION) today and set a price target of $31. The company’s shares opened today at $24.03.

According to TipRanks.com, Stafford is a 4-star analyst with an average return of 13.8% and a 62.6% success rate. Stafford covers the Financial sector, focusing on stocks such as Capstar Financial Holdings Inc, Carolina Financial Corporation, and Pacific Premier Bancorp Inc.

Currently, the analyst consensus on Fidelity Southern is a Moderate Buy with an average price target of $28.50.

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Fidelity Southern’s market cap is currently $651.8M and has a P/E ratio of 15.67. The company has a Price to Book ratio of 1.55.

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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.