In a report released yesterday, Austin Nicholas from Stephens maintained a Buy rating on Howard Bancorp, Inc. (HBMD), with a price target of $15. The company’s shares closed yesterday at $13.94, close to its 52-week low of $13.42.
According to TipRanks.com, Nicholas ‘ ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -8.2% and a 20.8% success rate. Nicholas covers the Financial sector, focusing on stocks such as Union Bankshares Corporation, Old Line Bancshares, and Wsfs Financial Corp.
Howard Bancorp, Inc. has an analyst consensus of Moderate Buy, with a price target consensus of $15.50.
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The company has a one-year high of $23.60 and a one-year low of $13.42. Currently, Howard Bancorp, Inc. has an average volume of 30.11K.
Based on the recent corporate insider activity of 59 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 HBMD 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.
Howard Bancorp, Inc. operates as a holding company for Howard Bank, which engages in community banking. It provides commercial banking, insurance, investments, mortgage banking, consumer finance, and real estate loans through banking branches, the internet, and other distribution channels to businesses, business owners, professionals and other consumers located primarily in Howard County and Maryland. The company was founded by Mary Ann Scully in April 2005 and is headquartered in Baltimore, MD.
