Capstar Financial Holdings Inc (CSTR) Coverage Initiated at Raymond James Financial Inc.
Analysts at Raymond James Financial Inc. began coverage on shares of Capstar Financial Holdings Inc (NASDAQ:CSTR) in a research note issued on Monday. The brokerage set an “outperform” rating and a $20.00 price target on the stock. Raymond James Financial Inc.’s price objective indicates a potential upside of 12.98% from the company’s previous close.
A number of other equities analysts also recently weighed in on the stock. Compass Point assumed coverage on shares of Capstar Financial Holdings in a report on Thursday, September 22nd. They set a “buy” rating on the stock. Keefe, Bruyette & Woods assumed coverage on shares of Capstar Financial Holdings in a report on Monday. They set a “market perform” rating and a $19.00 target price on the stock. Finally, Sandler O’Neill assumed coverage on shares of Capstar Financial Holdings in a report on Monday. They set a “hold” rating and a $19.00 target price on the stock.
Shares of Capstar Financial Holdings (NASDAQ:CSTR) traded down 0.11% during mid-day trading on Monday, reaching $17.71. 140,720 shares of the company’s stock were exchanged. The stock has a market cap of $153.69 million and a price-to-earnings ratio of 22.71. The stock’s 50-day moving average is $17.24 and its 200-day moving average is $17.24. Capstar Financial Holdings has a 52-week low of $15.50 and a 52-week high of $18.06.
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In other Capstar Financial Holdings news, major shareholder North Dakota Investors Llc sold 1,060,873 shares of Capstar Financial Holdings stock in a transaction on Wednesday, September 21st. The shares were sold at an average price of $15.00, for a total transaction of $15,913,095.00. Following the completion of the transaction, the insider now directly owns 1,060,873 shares of the company’s stock, valued at $15,913,095. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Louis A. Green III acquired 11,757 shares of Capstar Financial Holdings stock in a transaction on Wednesday, September 21st. The shares were bought at an average cost of $15.00 per share, with a total value of $176,355.00. Following the completion of the transaction, the director now owns 98,043 shares of the company’s stock, valued at $1,470,645. The disclosure for this purchase can be found here.
About Capstar Financial Holdings
CapStar Financial Holdings, Inc is a bank holding company. The Company operates primarily through its subsidiary, CapStar Bank. CapStar Bank is a commercial bank. The Company’s lines of business include commercial and industrial, commercial real estate, healthcare, correspondent banking, personal and private banking and wealth management, and mortgage banking.
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