Iberia Capital announced IBERIABANK Corp (NASDAQ:IBKC), boosting its stock price target to $78.00 today
- Updated: October 7, 2016
Having a price of $70.31, IBERIABANK Corp (NASDAQ:IBKC) traded 0.53% higher on the day. With the last close up 15.17% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. IBERIABANK Corp has recorded a 50-day average of $67.70 and a two hundred day average of $61.11. Volume of trade was down over the average, with 87,632 shares of IBKC changing hands under the typical 286,009
In a report issued 10/07/2016 Iberia Capital upped the price target of IBERIABANK Corp (NASDAQ:IBKC) to $78.00 reporting a potential upside of 0.11%.
With a total market value of $0, IBERIABANK Corp has price-earnings ratio of 16.38 with a one year low of $42.20 and a one year high of $70.76 .
A total of 12 analysts have released a report on IBERIABANK Corp. Four analysts rating the company a strong buy, one analyst rating the company a buy, seven analysts 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 $62.50.
More About IBERIABANK Corp (NASDAQ:IBKC)
IBERIABANK Corporation is a financial holding company. The Company is the holding company for IBERIABANK, a Louisiana banking corporation; Lenders Title Company, an Arkansas-chartered title insurance and closing services agency; IBERIA Capital Partners, LLC, a corporate finance services firm; 1887 Leasing, LLC, a holding company for its aircraft; IBERIA Asset Management, Inc., which provides wealth management and trust services to high net worth individuals, pension funds, corporations and trusts; 840 Denning, LLC, which invests in a commercial rental property, and IBERIA CDE L.L.C., which invests in purchased tax credits. IBERIABANK offers commercial and retail banking products and services to customers throughout locations in over seven states. It operates over 320 combined offices; over 20 title insurance offices; mortgage representatives in over 70 locations; over eight wealth management locations in over five states, and one IBERIA Capital Partners L.L.C. office in Louisiana.
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