Jefferies Starts IberiaBank (IBKC) at Hold
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Price: $43.08 --0%
Rating Summary:
8 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
8 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Jefferies initiates coverage on IberiaBank (NASDAQ: IBKC) with a Hold. PT $51.00.
The firm comments, "While Iberia sits in a position of strength given strong capital levels and better-than-average core earnings growth, the significant premium carried by the stock and implied value of capital keep us on the sidelines at this time."
For an analyst ratings summary and ratings history on IberiaBank click here. For more ratings news on IberiaBank click here.
Shares of IberiaBank closed at $53.94 yesterday.
The firm comments, "While Iberia sits in a position of strength given strong capital levels and better-than-average core earnings growth, the significant premium carried by the stock and implied value of capital keep us on the sidelines at this time."
For an analyst ratings summary and ratings history on IberiaBank click here. For more ratings news on IberiaBank click here.
Shares of IberiaBank closed at $53.94 yesterday.
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