Brokerage Firm Rating Update on Home BancShares (HOMB)

Home BancShares (HOMB) has an average broker rating of 2.17, which is interpreted as a Buy, as rated by 6 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 2, which is also a Buy.

Home BancShares (HOMB) : The highest level Home BancShares (HOMB) is projected to reach is $25 for the short term and the lowest estimate is at $21. The consolidated price target from 5 rating analysts who initiate coverage on the stock is $23.05 and the possibility the share price can swing is $1.74.


For the current week, the company shares have a recommendation consensus of Buy.

Home BancShares (NASDAQ:HOMB): The stock opened at $23.09 and touched an intraday high of $23.4 on Wednesday. During the day, the stock corrected to an intraday low of $23, however, the bulls stepped in and pushed the price higher to close in the green at $23.29 with a gain of 0.78% for the day. The total traded volume for the day was 467,601. The stock had closed at $23.11 in the previous trading session.

Home BancShares, Inc. is a bank holding company. The company is primarily engaged in providing a range of commercial and retail banking and related financial services to businesses, real estate developers and investors, individuals and municipalities through its wholly owned community bank subsidiary, Centennial Bank (the Bank). The Bank has locations in Arkansas, Florida and South Alabama. The Company provides loans to single and multi-family real estate, residential construction and commercial buildings. In addition, it also makes loans to small and medium-sized commercial businesses, as well as to consumers. Securities held to maturity include any security for which the Company has the positive intent and ability to hold until maturity. It offers a range of deposit services, including checking, savings, money market accounts and certificates of deposit. The Company obtains its deposits from individuals and small businesses and municipalities in its market areas.

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