Home BancShares Coverage Initiated by Analysts at Ned Davis Research (HOMB)
Analysts at Ned Davis Research began coverage on shares of Home BancShares (NASDAQ:HOMB) in a research report issued to clients and investors on Monday, American Banking News reports. The firm set a “neutral” rating on the stock.
A number of other analysts have also recently weighed in on HOMB. Analysts at Wunderlich downgraded shares of Home BancShares from a “buy” rating to a “hold” rating in a research note to investors on Friday, September 27th. They now have a $30.00 price target on the stock. Analysts at Zacks downgraded shares of Home BancShares from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, September 18th. They now have a $31.70 price target on the stock. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Home BancShares has a consensus rating of “Hold” and an average price target of $32.45.
Shares of Home BancShares (NASDAQ:HOMB) traded down 2.39% on Monday, hitting $29.255. The stock had a trading volume of 73,086 shares. Home BancShares has a 52 week low of $15.385 and a 52 week high of $31.75. The stock’s 50-day moving average is $28.32 and its 200-day moving average is $23.92. The company has a market cap of $1.646 billion and a P/E ratio of 24.87.
Home BancShares (NASDAQ:HOMB) last released its earnings data on Thursday, July 18th. The company reported $0.32 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.31 by $0.01. During the same quarter in the previous year, the company posted $0.55 earnings per share.
Home BancShares, Inc (NASDAQ:HOMB) is a bank holding company.
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