Keefe, Bruyette & Woods Starts Heritage Financial Group (HBOS) at Market Perform; South Georgia Consolidator

March 30, 2011 7:18 AM EDT
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Price: $30.18 --0%

Rating Summary:
    1 Buy, 0 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 4 | Down: 5 | New: 8
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Keefe, Bruyette & Woods initiates coverage on Heritage Financial Group (NASDAQ: HBOS) with a Market Perform. PT $15.

KBW analyst says, "Heritage Financial Group, Inc. has excess capital in hand post its recent second-step conversion that it hopes to continue deploying, adding to its four recent deals. With legacy credit quality manageable, in our opinion, we believe valuation is on an upward trajectory."

For more ratings news on Heritage Financial Group click here and for the rating history of Heritage Financial Group click here.

Shares of Heritage Financial Group closed at $12.71 yesterday.


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