Sandler O’Neill Keeps a Hold Rating on First Guaranty Bancshares (FGBI)


Sandler O’Neill analyst Stephen Scouten reiterated a Hold rating on First Guaranty Bancshares (NASDAQ: FGBI) on August 3 and set a price target of $28. The company’s shares closed on Friday at $26.11.

According to TipRanks.com, Scouten is a 3-star analyst with an average return of 4.9% and a 62.3% success rate. Scouten covers the Financial sector, focusing on stocks such as Seacoast Banking Corporation Of Florida, State Bank Financial Corporation, and Capstar Financial Holdings Inc.

Currently, the analyst consensus on First Guaranty Bancshares is a Hold with an average price target of $28.

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The company has a one-year high of $29.50 and a one-year low of $22.75. Currently, First Guaranty Bancshares has an average volume of 5,910.

Based on the recent corporate insider activity of 19 insiders, corporate insider sentiment is negative on the stock.

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First Guaranty Bancshares, Inc. engages in the provision personalized commercial banking services to businesses, professionals and individuals. It includes a variety of deposit products like personal and business checking and savings accounts, time deposits, money market accounts and NOW accounts.

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