Stephens Reaffirms Their Hold Rating on ServisFirst Bancshares (SFBS)


Stephens analyst Tyler Stafford maintained a Hold rating on ServisFirst Bancshares (SFBS) yesterday and set a price target of $37. The company’s shares closed yesterday at $33.39, close to its 52-week low of $33.16.

According to TipRanks.com, Stafford is a 3-star analyst with an average return of 1.3% and a 49.1% success rate. Stafford covers the Financial sector, focusing on stocks such as Capstar Financial Holdings Inc, Carolina Financial Corporation, and Pinnacle Financial Partners.

The word on The Street in general, suggests a Hold analyst consensus rating for ServisFirst Bancshares with a $40.50 average price target.

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ServisFirst Bancshares’ market cap is currently $1.78B and has a P/E ratio of 14.84. The company has a Price to Book ratio of 2.61.

Based on the recent corporate insider activity of 34 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 SFBS in relation to earlier this year. Most recently, in October 2018, Thomas Broughton, the President & CEO of SFBS bought 20,000 shares for a total of $100,000.

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.

ServisFirst Bancshares, Inc. is a bank holding company, which engages in the provision of consumer and commercial banking services. It also offers other loans and accept deposits, electronic banking such as online and mobile banking, remote deposit capture, deliver treasury and cash management, and correspondent banking to other financial institutions.

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