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IberiaBank (NASDAQ:IBKC) has been downgraded from Overweight to Equal-Weight in a statement by Stephens earlier today.

Stephens has downgraded IberiaBank (NASDAQ:IBKC) from Overweight to Equal-Weight in a statement released on 10/20/2017.

Boasting a price of $80.15, IberiaBank (NASDAQ:IBKC) traded -7.49% lower on the day. With the last stock price close up -6.43% from the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. IberiaBank has recorded a 50-day average of $78.56 and a two hundred day average of $79.25. Volume of trade was up over the average, with 1,120,832 shares of IBKC changing hands over the typical 351,571

Performance Chart

IberiaBank (NASDAQ:IBKC)

With a total market value of $0, IberiaBank has price-earnings ratio of 18.07 with a one year low of $62.66 and a one year high of $91.10 .

A total of 12 equity analysts have released a research note on IBKC. Four equity analysts rating the company a strong buy, one equity analyst rating the company a buy, seven equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $62.50.

More About IberiaBank (NASDAQ:IBKC)

IBERIABANK Corporation is a financial holding company. The Company is a holding company for IBERIABANK, a Louisiana state chartered banking corporation; Lenders Title Company, an Arkansas-chartered title insurance and closing services agency (Lenders Title); IBERIA Capital Partners LLC (ICP), a corporate finance services firm; 1887 Leasing, LLC, a holding company for its aircraft; IBERIA Asset Management, Inc. (IAM), which provides wealth management and trust advisory services to high net worth individuals, pension funds, corporations and trusts; 840 Denning, LLC, which invests in a commercial rental property, and IBERIA CDE, LLC (CDE), which invests in purchased tax credits. IBERIABANK offers commercial and retail banking products and services. These products and services include an array of commercial, consumer, mortgage, and private banking products and services, trust advisory services, cash management, deposit and annuity products.

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