KBW Reaffirms Their Hold Rating on Farmers Capital Bank

By Ryan Adsit

KBW analyst Catherine Mealor reiterated a Hold rating on Farmers Capital Bank (NASDAQ: FFKT) yesterday and set a price target of $40. The company’s shares closed yesterday at $43.20, close to its 52-week high of $44.65.

According to TipRanks.com, Mealor is a 5-star analyst with an average return of 16.6% and a 79.8% success rate. Mealor covers the Financial sector, focusing on stocks such as The Community Financial Corporation, Union First Market Bankshares Corp, and Commerce Union Bancshares, Inc.

Farmers Capital Bank has an analyst consensus of Hold, with a price target consensus of $40.

Farmers Capital Bank’s market cap is currently $324.6M and has a P/E ratio of 22.04. The company has a book value ratio of 1.6828.

Based on the recent corporate insider activity of 86 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of FFKT in relation to earlier this year.

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.

Farmers Capital Bank Corp. operates as a holding company, which provides financial and banking solutions. Through its subsidiary, it offers deposit products, term certificate accounts, residential mortgages, commercial lending, and consumer installment loans.