Stephens Releases a Buy Rating on Simmons 1st Nat’l (SFNC)
Stephens analyst Matt Olney assigned a Buy rating to Simmons 1st Nat’l (SFNC) today and set a price target of $27. The company’s shares opened today at $24.13.
According to TipRanks.com, Olney is a 1-star analyst with an average return of -0.4% and a 44.0% 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 Simmons 1st Nat’l with a $28.50 average price target.
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The company has a one-year high of $32.45 and a one-year low of $22.08. Currently, Simmons 1st Nat’l has an average volume of 402.3K.
Based on the recent corporate insider activity of 138 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.
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Simmons First National Corp. is a financial holding company, which engages in the provision 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 company was founded on March 23, 1903 and is headquartered in Pine Bluff, AR.