Heartland Financial USA Rating Increased to Outperform at Raymond James (HTLF)
Heartland Financial USA (NASDAQ:HTLF) was upgraded by stock analysts at Raymond James from a “market perform” rating to an “outperform” rating in a report issued on Monday, TheFlyOnTheWall.com reports. The firm currently has a $32.00 price target on the stock. Raymond James’ price target would indicate a potential upside of 15.65% from the stock’s previous close.
Heartland Financial USA (NASDAQ:HTLF) traded up 1.52% during mid-day trading on Monday, hitting $28.09. 5,880 shares of the company’s stock traded hands. Heartland Financial USA has a one year low of $22.40 and a one year high of $30.99. The stock has a 50-day moving average of $27.64 and a 200-day moving average of $26.61. The company has a market cap of $475.7 million and a P/E ratio of 10.89.
Heartland Financial USA (NASDAQ:HTLF) last posted its quarterly earnings results on Monday, July 29th. The company reported $0.54 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.59 by $0.05. During the same quarter in the prior year, the company posted $0.77 earnings per share. On average, analysts predict that Heartland Financial USA will post $2.29 earnings per share for the current fiscal year.
Heartland Financial USA, Inc (NASDAQ:HTLF) is a multi-bank holding company.
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