KBW Releases a Hold Rating on The First Bancshares

By Jason Carr

In a report released yesterday, Catherine Mealor from KBW reiterated a Hold rating on The First Bancshares (NASDAQ: FBMS), with a price target of $30. The company’s shares closed yesterday at $28.10.

According to TipRanks.com, Mealor is a 5-star analyst with an average return of 17.2% and a 77.5% success rate. Mealor covers the Financial sector, focusing on stocks such as Union First Market Bankshares Corp, American National Bankshares, and Community Bankers Trust Corp.

The First Bancshares has an analyst consensus of Hold, with a price target consensus of $30.

The company has a one year high of $30.80 and a one year low of $15.32. Currently, The First Bancshares has an average volume of 10.15K.

Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is neutral on the stock. Last month, David Bomboy, a Director at FBMS bought 8,515 shares for a total of $151,481.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

First Bancshares, Inc. (Mississippi) operates as a bank holding company for The First, A National Banking Association. It engages in the provision of commercial and consumer banking services to individuals and businesses. The company operates in the general commercial and retail banking business characterized by personalized service and local decision-making, emphasizing the banking needs of small to medium-sized businesses, professional concerns and individuals. Its services include personal banking, commercial banking and mortgage loans. First Bancshares was founded on June 23, 1995 and is headquartered in Hattiesburg, MS.