Brean Capital Reiterates a Buy Rating on Carolina Financial Corporation (CARO)

By Jason Carr

Brean Capital analyst Blair Brantley reiterated a Buy rating on Carolina Financial Corporation (CAROResearch Report) yesterday. The company’s shares closed yesterday at $31.82.

According to TipRanks.com, Brantley is ranked 0 out of 5 stars with an average return of -6.8% and a 19.3% success rate. Brantley covers the Financial sector, focusing on stocks such as Patriot National Bancorp Inc, Union Bankshares Corporation, and Community Bankers Trust Corp.

Carolina Financial Corporation has an analyst consensus of Moderate Buy, with a price target consensus of $37.33.

See today’s analyst top recommended stocks >>

Carolina Financial Corporation’s market cap is currently $718.9M and has a P/E ratio of 16.89. The company has a Price to Book ratio of 1.27.

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.

Carolina Financial Corp. is a holding company, which engages in the provision of commercial banking services to individuals and small to medium-sized businesses. It operates through the following segments: Community Banking, Wholesale Mortgage Banking, and Other. The Community Banking segment offers traditional banking services.