SCBT Financial Corp. PT Raised to $70.00 at Wunderlich (SCBT)
Stock analysts at Wunderlich lifted their price objective on shares of SCBT Financial Corp. (NASDAQ:SCBT) from $58.00 to $70.00 in a report issued on Wednesday, Stock Ratings News reports. The firm currently has a “buy” rating on the stock. Wunderlich’s price objective points to a potential upside of 19.45% from the company’s current price.
Separately, analysts at SunTrust raised their price target on shares of SCBT Financial Corp. from $48.00 to $54.00 in a research note to investors on Thursday, August 22nd. They now have a “buy” rating on the stock. One equities research analyst has rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $58.20.
Shares of SCBT Financial Corp. (NASDAQ:SCBT) traded up 0.26% during mid-day trading on Wednesday, hitting $58.75. The stock had a trading volume of 25,651 shares. SCBT Financial Corp. has a 1-year low of $36.90 and a 1-year high of $56.37. The stock’s 50-day moving average is $54.86 and its 200-day moving average is $51.35. The company has a market cap of $986.4 million and a P/E ratio of 24.81.
SCBT Financial Corp. (NASDAQ:SCBT) last released its earnings data on Tuesday, October 29th. The company reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.07. On average, analysts predict that SCBT Financial Corp. will post $2.96 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, November 22nd. Stockholders of record on Friday, November 15th will be paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 1.30%.
SCBT Financial Corporation (NASDAQ:SCBT) a bank holding company.
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