Pinnacle Financial Partners Receives Average Rating of “Buy” from Analysts (NASDAQ:PNFP)
Shares of Pinnacle Financial Partners (NASDAQ:PNFP) have earned an average rating of “Buy” from the eight brokerages that are presently covering the stock, AnalystRatings.Net reports. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $37.92.
PNFP has been the subject of a number of recent research reports. Analysts at Sandler O’Neill reiterated a “hold” rating on shares of Pinnacle Financial Partners in a research note on Wednesday, July 9th. Analysts at FIG Partners upgraded shares of Pinnacle Financial Partners from a “market perform” rating to an “outperform” rating in a research note on Wednesday, April 16th. They now have a $39.00 price target on the stock.
Shares of Pinnacle Financial Partners (NASDAQ:PNFP) opened at 37.68 on Thursday. Pinnacle Financial Partners has a 52 week low of $26.68 and a 52 week high of $40.10. The stock’s 50-day moving average is $37.42 and its 200-day moving average is $35.3. The company has a market cap of $1.310 billion and a P/E ratio of 21.69.
Pinnacle Financial Partners, Inc (NASDAQ:PNFP) is a bank holding company.
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