KBW Reiterates a Hold Rating on First Defiance Financial

By Austin Angelo

In a report released yesterday, Michael Perito from KBW reiterated a Hold rating on First Defiance Financial (NASDAQ: FDEF), with a price target of $51. The company’s shares closed yesterday at $52.83, close to its 52-week high of $56.20.

According to TipRanks.com, Perito is a 5-star analyst with an average return of 23.7% and a 76.2% success rate. Perito covers the Financial sector, focusing on stocks such as Univest Corporation Of Pennsylvania, Enterprise Financial Services Corp, and Orrstown Financial Services Inc.

First Defiance Financial has an analyst consensus of Hold, with a price target consensus of $51.

Based on First Defiance Financial’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $34.65 million and quarterly net profit of $5.14 million. In comparison, last year the company earned revenue of $29.88 million and had a net profit of $7.07 million.

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 Defiance Financial Corp. is a holding company engages in the provision of banking business. Through its subsidiaries, it offers traditional banking services, property and casualty, life, and group health insurance products which include residential real estate loans, commercial real estate, commercial, home improvement and home equity loans as well as consumer loans. The company was founded in June 1995 and is headquartered in Defiance, OH.