Tristate Capital (TSC) Receives a Hold from Boenning & Scattergood
Boenning & Scattergood analyst Scott Beury maintained a Hold rating on Tristate Capital (TSC) today. The company’s shares opened today at $19.47, close to its 52-week low of $18.20.
According to TipRanks.com, Beury is a 2-star analyst with an average return of 1.0% and a 43.9% success rate. Beury covers the Financial sector, focusing on stocks such as Farmers & Merchants Bancorp, Inc., Independent Bank Corporation, and Lakeland Financial Corp.
Tristate Capital has an analyst consensus of Moderate Buy, with a price target consensus of $23.
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The company has a one-year high of $30.10 and a one-year low of $18.20. Currently, Tristate Capital has an average volume of 98.2K.
Based on the recent corporate insider activity of 30 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.
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.