FBR & Co. disclosed Hanmi Financial (NASDAQ:HAFC), bumping down its price target to $27.00 earlier today
- Updated: October 19, 2016
Having a price of $23.90, Hanmi Financial (NASDAQ:HAFC) traded -7.58% lower on the day. With the last close down -1.49% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. HAFC has recorded a 50-day average of $26.32 and a two hundred day average of $24.26. Trade Volume was up over the average, with 335,977 shares of HAFC changing hands over the typical 134,142
Reporting a potential upside of 0.13%, FBR & Co. dropped the price target of Hanmi Financial (NASDAQ:HAFC) to $27.00
On 8/25/2016, Raymond James Financial Inc. released a statement on Hanmi Financial (NASDAQ:HAFC) upped the target price from $0.00 to $28.00 that suggested an upside of 0.09%.
Recent Performance Chart
Hanmi Financial has PE ratio of 13.35 with a one year low of $18.92 and a one year high of $28.09 and has a market capitalization of $0.
A total of 5 analysts have released a report on Hanmi Financial. Three analysts rating the company a strong buy, two analysts rating the company a buy, one analyst rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $26.80.
General Company Details For Hanmi Financial (NASDAQ:HAFC)
Hanmi Financial Corporation is the holding company for Hanmi Bank (the Bank). The Bank is a community bank conducting general business banking, with its primary market encompassing the Korean-American community, as well as other ethnic communities across California, Colorado, Georgia, Illinois, New York, Texas, Virginia and Washington. The Bank's client base reflects the multi-ethnic composition of these communities. The Bank maintains a branch network of over 40 full-service branch offices in California, Illinois, New Jersey, New York, Texas and Virginia, and loan production offices in California, Colorado, Texas, Virginia and Washington State. Its lending activities include real estate loans (commercial property, construction and residential property), commercial and industrial loans (commercial term loans, commercial lines of credit and international), and consumer loans and small business administration (SBA) loans. Its revenues are derived from interest and fees on its loans.
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