Bank of Kentucky Financial Corp. Stock Rating Lowered by Robert W. Baird (BKYF)
Bank of Kentucky Financial Corp. (NASDAQ:BKYF) was downgraded by research analysts at Robert W. Baird from an “outperform” rating to a “neutral” rating in a report released on Wednesday, TheFlyOnTheWall.com reports. They currently have a $35.00 target price on the stock, up from their previous target price of $33.00. Robert W. Baird’s price target indicates a potential upside of 4.48% from the company’s current price. The analysts noted that the move was a valuation call.
Other equities research analysts have also recently issued reports about the stock. Analysts at DA Davidson downgraded shares of Bank of Kentucky Financial Corp. from a “buy” rating to a “neutral” rating in a research note to investors on Monday. They now have a $36.00 price target on the stock, up previously from $35.00.
Bank of Kentucky Financial Corp. (NASDAQ:BKYF) opened at 33.50 on Wednesday. Bank of Kentucky Financial Corp. has a 52-week low of $24.27 and a 52-week high of $34.24. The stock has a 50-day moving average of $30.5 and a 200-day moving average of $28.24. The company has a market cap of $252.2 million and a P/E ratio of 13.14.
The Bank of Kentucky Financial Corporation (NASDAQ:BKYF) is a bank holding company.
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