Lakeland Financial Corporation (NASDAQ:LKFN) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 15, 2016
Boasting a price of $35.18, Lakeland Financial Corporation (NASDAQ:LKFN) traded 0.26% higher on the day. The last stock close price is up 4.05% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the date range. Lakeland Financial Corporation has recorded a 50-day average of $35.49 and a two hundred day average of $33.07. Trading volume was down over the average, with 60,548 shares of LKFN changing hands under the typical 62,848
Zacks Investment Research has downgraded Lakeland Financial Corporation (NASDAQ:LKFN) to Hold in a statement released on Wednesday October 12, 2016.
On 9/26/2016, Zacks Investment Research released a statement on Lakeland Financial Corporation (NASDAQ:LKFN) bumped up the target price from $0.00 to $39.00 that suggested an upside of 0.12%.
Recent Performance Chart
Lakeland Financial Corporation has PE ratio of 17.80 with a one year low of $26.53 and a one year high of $37.74 and has a market capitalization of $0.
General Company Details For Lakeland Financial Corporation (NASDAQ:LKFN)
Lakeland Financial Corporation is a bank holding company. The Company, through its subsidiary, Lake City Bank (the Bank), provides an array of products and services throughout its Northern and Central Indiana markets. It offers commercial and consumer banking services, as well as trust and wealth management, brokerage, investment and treasury management commercial services. It serves a range of industries, including commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and healthcare. The Bank's activities cover all phases of commercial banking, including deposit products, commercial and consumer lending, retail and merchant credit card services, corporate treasury management services, and wealth advisory, trust and brokerage services. The Bank has over 50 offices in over 10 counties in Northern and Central Indiana.
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