Analysts’ Opinions Are Mixed on These Financial Stocks: LCNB Corporation (NASDAQ: LCNB), SLM Corporation (NASDAQ: SLM) and Triumph Bancorp (NASDAQ: TBK)

By Ryan Adsit

Analysts have been eager to weigh in on the Financial sector with new ratings on LCNB Corporation (NASDAQ: LCNB), SLM Corporation (NASDAQ: SLM) and Triumph Bancorp (NASDAQ: TBK).

LCNB Corporation (NASDAQ: LCNB)

FBR Capital analyst Bob Ramsey reiterated a Hold rating on LCNB Corporation (NASDAQ: LCNB) yesterday and set a price target of $24. The company’s shares opened today at $22.35.

Ramsey said:

“We reiterate our Market Perform rating and $24 price target, equal to 18.5x our 2018 EPS estimate, on LCNB Corp. following 1Q17 results. Like many banks, loan growth proved elusive this quarter, although without growth there was no need to provision, and lower credit costs benefited earnings. The company noted building pipelines headed into 2Q17 and is hopeful that it will be able to generate full-year loan growth in excess of last year’s 6%. We view LCNB as a high-quality franchise with clean credit and a nice dividend, but we remain on the sidelines until we see more robust growth or a pullback in valuation.”

According to TipRanks.com, Ramsey is a 4-star analyst with an average return of 5.8% and a 61.0% success rate. Ramsey covers the Financial sector, focusing on stocks such as Seacoast Banking Corporation Of Florida, State National Companies Inc, and Pacific Premier Bancorp Inc.

LCNB Corporation has an analyst consensus of Hold, with a price target consensus of $24.

SLM Corporation (NASDAQ: SLM)

FBR Capital analyst Steve Moss reiterated a Buy rating on SLM Corporation (NASDAQ: SLM) yesterday. The company’s shares opened today at $12.90.

According to TipRanks.com, Moss is a 2-star analyst with an average return of 2.4% and a 38.5% success rate. Moss covers the Financial sector, focusing on stocks such as Heartland Financial USA, Prosperity Bancshares, and Great Western Bancorp.

Currently, the analyst consensus on SLM Corporation is Strong Buy and the average price target is $12.33, representing a -4.4% downside.

In a report issued on April 6, Credit Suisse also maintained a Buy rating on the stock with a $14 price target.
Triumph Bancorp (NASDAQ: TBK)

FBR Capital analyst Christopher Nolan reiterated a Buy rating on Triumph Bancorp (NASDAQ: TBK) yesterday. The company’s shares opened today at $24.15.

According to TipRanks.com, Nolan is a 4-star analyst with an average return of 5.4% and a 61.0% success rate. Nolan covers the Financial sector, focusing on stocks such as Pennantpark Investment Corp, Atlantic Capital Bancshares, and Raymond James Financial.

Triumph Bancorp has an analyst consensus of Strong Buy, with a price target consensus of $30.50.

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