Fidelity Southern Corp. Upgraded to “Outperform” by Keefe, Bruyette & Woods (LION)
Fidelity Southern Corp. (NASDAQ:LION) was upgraded by equities research analysts at Keefe, Bruyette & Woods from a “market perform” rating to an “outperform” rating in a research note issued to investors on Thursday, AnalystRatings.Net reports. The firm currently has a $16.00 price objective on the stock. Keefe, Bruyette & Woods’ target price would indicate a potential upside of 21.77% from the company’s current price.
Shares of Fidelity Southern Corp. (NASDAQ:LION) traded up 0.69% during mid-day trading on Thursday, hitting $13.14. 29,720 shares of the company’s stock traded hands. Fidelity Southern Corp. has a 1-year low of $11.5813 and a 1-year high of $17.8386. The stock has a 50-day moving average of $13.57 and a 200-day moving average of $14.85. The company has a market cap of $279.6 million and a P/E ratio of 11.44.
Fidelity Southern Corp. (NASDAQ:LION) last posted its quarterly earnings results on Thursday, April 17th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.06. The company had revenue of $20.27 million for the quarter, compared to the consensus estimate of $20.83 million. Analysts expect that Fidelity Southern Corp. will post $1.05 EPS for the current fiscal year.
Fidelity Southern Corporation (NASDAQ:LION) is a bank holding company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.