CenterState Banks Price Target Lowered to $12.00 at Raymond James (CSFL)
Stock analysts at Raymond James decreased their target price on shares of CenterState Banks (NASDAQ:CSFL) from $13.00 to $12.00 in a report issued on Monday. Raymond James’ price target would suggest a potential upside of 12.36% from the company’s current price.
CenterState Banks (NASDAQ:CSFL) traded down 0.75% on Monday, hitting $10.62. 282,672 shares of the company’s stock traded hands. CenterState Banks has a 1-year low of $8.87 and a 1-year high of $11.65. The stock has a 50-day moving average of $11.19 and a 200-day moving average of $10.80. The company has a market cap of $478.1 million and a P/E ratio of 50.95.
Other equities research analysts have also recently issued reports about the stock. Analysts at Keefe, Bruyette & Woods cut their price target on shares of CenterState Banks from $13.00 to $12.50 in a research note on Monday. Separately, analysts at Zacks upgraded shares of CenterState Banks from a “neutral” rating to an “outperform” rating in a research note on Tuesday, June 24th. They now have a $12.40 price target on the stock. Finally, analysts at Sterne Agee initiated coverage on shares of CenterState Banks in a research note on Tuesday, June 10th. They set a “buy” rating and a $13.50 price target on the stock. Three analysts have rated the stock with a buy rating, CenterState Banks presently has a consensus rating of “Buy” and a consensus price target of $13.48.
CenterState Banks, Inc (NASDAQ:CSFL) is a bank holding company, which owns the CenterState Bank of Florida, N.
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