Hovde Group analyst Joseph Fenech reiterated a Buy rating on Capital City Bank (NASDAQ: CCBG) today and set a price target of $29. The company’s shares opened today at $24.17.
According to TipRanks.com, Fenech is a 4-star analyst with an average return of 8.1% and a 75.0% success rate. Fenech covers the Financial sector, focusing on stocks such as Seacoast Banking Corporation Of Florida, German American Bancorp, and Mackinac Financial Corp.
Capital City Bank has an analyst consensus of Moderate Buy, with a price target consensus of $27.
See today’s analyst top recommended stocks >>
Based on Capital City Bank’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $6 million. In comparison, last year the company had a net profit of $3.56 million.
Based on the recent corporate insider activity of 23 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.
Capital City Bank Group, Inc. operates as a bank holding company. Its principal services are banking services, data processing services, trust and asset management services, and brokerage services. The firms also provides traditional deposit and credit services, mortgage banking, merchant services, bank cards, and securities brokerage services.
