Amerant Bancorp Inc. Class A (AMTB) Receives a Hold from Stephens

By Carrie Williams

In a report released today, Tyler Stafford from Stephens reiterated a Hold rating on Amerant Bancorp Inc. Class A (AMTBResearch Report), with a price target of $19. The company’s shares opened today at $17.64.

Stafford said:

“We are updating our PT to $19 (from $18) and reiterate our Equal-Weight rating.”

According to TipRanks.com, Stafford is a 3-star analyst with an average return of 2.7% and a 45.8% success rate. Stafford covers the Financial sector, focusing on stocks such as Capstar Financial Holdings Inc, Carolina Financial Corporation, and Pacific Premier Bancorp Inc.

Amerant Bancorp Inc. Class A has an analyst consensus of Hold, with a price target consensus of $18.

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Amerant Bancorp Inc. Class A’s market cap is currently $1.47B and has a P/E ratio of 14.74. The company has a Price to Book ratio of 0.99.

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Amerant Bancorp, Inc. operates as a bank holding company which engages in banking solutions. It offers deposit, credit, investment, wealth management and fiduciary services, both in the United States and to select international customers through the Mercantil Bank, N.A. and its subsidiaries.