Farmers Capital Bank Corp PT Raised to $27.00 at Keefe, Bruyette & Woods (FFKT)
Research analysts at Keefe, Bruyette & Woods hoisted their price objective on shares of Farmers Capital Bank Corp (NASDAQ:FFKT) from $23.00 to $27.00 in a report released on Monday. Keefe, Bruyette & Woods’ target price suggests a potential upside of 15.78% from the stock’s previous close.
Shares of Farmers Capital Bank Corp (NASDAQ:FFKT) traded up 0.13% on Monday, hitting $23.32. 1,652 shares of the company’s stock traded hands. Farmers Capital Bank Corp has a 52 week low of $17.64 and a 52 week high of $25.86. The stock’s 50-day moving average is $21.30 and its 200-day moving average is $20.65. The company has a market cap of $174.5 million and a P/E ratio of 15.80.
Farmers Capital Bank Corp (NASDAQ:FFKT) last issued its quarterly earnings data on Wednesday, July 23rd. The company reported $0.57 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.39 by $0.18. On average, analysts predict that Farmers Capital Bank Corp will post $1.62 earnings per share for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Zacks upgraded shares of Farmers Capital Bank Corp from an “underperform” rating to a “neutral” rating in a research note on Tuesday, July 22nd. They now have a $23.00 price target on the stock.
Farmers Capital Bank Corporation is a bank holding company. The Company’s subsidiaries provide a range of banking and bank-related services to customers throughout Central and Northern Kentucky.
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