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Zacks Investment Research issued a report on Lakeland Financial Corporation (NASDAQ:LKFN), hiking its price target to $39.00 today

Just yesterday Lakeland Financial Corporation (NASDAQ:LKFN) traded -2.08% lower at $34.90. Lakeland Financial Corporation’s 50-day moving average is $35.59 and its 200-day moving average is $32.63. The last stock price is up 6.99% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 47,739 shares of LKFN traded hands, down from an average trading volume of 67,938

In a report issued Monday September 26, 2016 Zacks Investment Research increased the target of Lakeland Financial Corporation (NASDAQ:LKFN) to $39.00 stating a potential upside of 0.12%.

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Lakeland Financial Corporation (NASDAQ:LKFN)

Lakeland Financial Corporation has 52 week low of $26.53 and a 52 week high of $37.74 with a PE ratio of 18.06 and has a market capitalization of $0.

Brief Synopsis On 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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