Stephens Maintains Their Hold Rating on Carolina Financial Corporation (CARO)


Stephens analyst Tyler Stafford maintained a Hold rating on Carolina Financial Corporation (CARO) today and set a price target of $36. The company’s shares opened today at $34.18.

According to TipRanks.com, Stafford is a 4-star analyst with an average return of 5.2% and a 53.3% success rate. Stafford covers the Financial sector, focusing on stocks such as Capstar Financial Holdings Inc, Pinnacle Financial Partners, and Mercantil Bank Holding Corp.

Currently, the analyst consensus on Carolina Financial Corporation is a Moderate Buy with an average price target of $37.67.

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The company has a one-year high of $45.58 and a one-year low of $27.62. Currently, Carolina Financial Corporation has an average volume of 73.92K.

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Carolina Financial Corp. is a holding company, which engages in the provision of commercial banking services to individuals and small to medium-sized businesses. It operates through the following segments: Community Banking, Wholesale Mortgage Banking, and Other. The Community Banking segment offers traditional banking services.

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