KBW analyst Brady Gailey reiterated a Hold rating on State Bank Financial Corporation (NASDAQ: STBZ) yesterday and set a price target of $39.50. The company’s shares closed yesterday at $31.91.
According to TipRanks.com, Gailey is a 5-star analyst with an average return of 12.7% and a 75.0% success rate. Gailey covers the Financial sector, focusing on stocks such as Atlantic Capital Bancshares, First Financial Bankshares, and Cadence Bancorporation.
State Bank Financial Corporation has an analyst consensus of Hold, with a price target consensus of $36.50.
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Based on State Bank Financial Corporation’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $18.26 million. In comparison, last year the company had a net profit of $14.79 million.
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State Bank Financial Corp. is a bank holding company, which primarily conducts business through its wholly-owned banking subsidiary, State Bank and Trust Company. The firm operates a full service banking business and offers commercial and retail banking products.
