Keefe Bruyette analyst Woody Lay has increased the price target for Simmons First National (SFNC, Financial) from $21 to $22. Despite the increase, the analyst maintains a Market Perform rating on the bank's stock. Lay notes that achieving average profitability levels within the industry remains a medium-term goal for the company.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for Simmons First National Corp (SFNC, Financial) is $21.80 with a high estimate of $25.00 and a low estimate of $19.00. The average target implies an upside of 8.67% from the current price of $20.06. More detailed estimate data can be found on the Simmons First National Corp (SFNC) Forecast page.
Based on the consensus recommendation from 6 brokerage firms, Simmons First National Corp's (SFNC, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Simmons First National Corp (SFNC, Financial) in one year is $22.39, suggesting a upside of 11.62% from the current price of $20.06. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Simmons First National Corp (SFNC) Summary page.
