Stephens analyst Matt Olney maintained a Buy rating on Tristate Capital (TSC) yesterday and set a price target of $25. The company’s shares closed yesterday at $21.19.
According to TipRanks.com, Olney is a 1-star analyst with an average return of -0.6% and a 46.2% success rate. Olney covers the Financial sector, focusing on stocks such as Spirit Of Texas Bancshares Inc, Business First Bancshares Inc, and Hancock Whitney Corporation.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tristate Capital with a $25 average price target.
See today’s analyst top recommended stocks >>
Based on Tristate Capital’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $14.31 million. In comparison, last year the company had a net profit of $12.04 million.
Based on the recent corporate insider activity of 40 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 TSC in relation to earlier this year. Most recently, in December 2018, Dewhurst E.H., a Director at TSC bought 6,000 shares for a total of $72,000.
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.
TriState Capital Holdings, Inc. is a bank holding company, which engages in the provision of commercial banking, private banking, and investment management services to middle-market companies, institutional clients. and high-net-worth individuals. It operates through Bank; and Investment Mangement segments.
