Stephens Thinks Simmons 1st Nat’l’s Stock is Going to Recover


Stephens analyst Matt Olney maintained a Buy rating on Simmons 1st Nat’l (SFNC) yesterday and set a price target of $30. The company’s shares closed yesterday at $24.73, close to its 52-week low of $24.58.

According to TipRanks.com, Olney is a 1-star analyst with an average return of -3.5% and a 36.0% success rate. Olney covers the Financial sector, focusing on stocks such as Spirit Of Texas Bancshares Inc, Hancock Whitney Corporation, and First Western Financial Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Simmons 1st Nat’l with a $33.10 average price target.

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The company has a one-year high of $33.45 and a one-year low of $24.58. Currently, Simmons 1st Nat’l has an average volume of 394.1K.

Based on the recent corporate insider activity of 172 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 SFNC 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.

Simmons First National Corp. is a holding company, which engages in the provision of full range of banking services to individual and corporate customers through its subsidiaries. Its subsidiaries, Simmons Bank and Bank SNB conducts banking operations through financial centers located in communities throughout Arkansas, Colorado, Kansas, Missouri, Oklahoma, Tennessee and Texas. The comapany was founded in 1903 and is headquartered in Pine Bluff, AR.

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