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ValuEngine upgraded Home Bancshares Inc (NASDAQ:HOMB) to Buy in a report released today.

ValuEngine has upgraded Home Bancshares Inc (NASDAQ:HOMB) to Buy in a report released on 7/07/2017.

Yesterday Home Bancshares Inc (NASDAQ:HOMB) traded -1.62% lower at $24.95. The company’s 50-day moving average is $24.76 and its 200-day moving average is $25.82. The last closing price is down -8.47% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time period. 805,128 shares of the stock traded hands, down from an average trading volume of 975,294

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Home Bancshares Inc (NASDAQ:HOMB)

Home Bancshares Inc has a 52 week low of $19.74 and a 52 week high of $29.69 with a P/E ratio of 17.67 The company’s market cap is currently $0.

In addition to ValuEngine reporting its stock price target, a total of 9 brokers have issued a research note on the company. The average stock price target is $44.28 with 3 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 1 broker rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Home Bancshares Inc (NASDAQ:HOMB)

Home BancShares, Inc. is a bank holding company. The Company is engaged in providing a range of commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals and municipalities through its community bank subsidiary, Centennial Bank (the Bank). It operates through community banking segment. It offers a range of products and services, including Internet banking, mobile banking and voice response information, cash management, overdraft protection, direct deposit, safe deposit boxes, the United States savings bonds and automatic account transfers. The Bank has locations in Arkansas, Florida, South Alabama and New York City. As of December 31, 2016, the Company conducted business principally through 76 branches in Arkansas, 59 branches in Florida, six branches in Alabama and one branch in New York City. It originates loans secured by single and multi-family real estate, residential construction and commercial buildings.

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