Stephens Remains a Hold on Umpqua Holdings (UMPQ)

By Jason Carr

Stephens analyst Tyler Stafford maintained a Hold rating on Umpqua Holdings (UMPQResearch Report) today and set a price target of $21. The company’s shares closed on Thursday at $17.10.

According to TipRanks.com, Stafford is a 4-star analyst with an average return of 5.2% and a 56.4% success rate. Stafford covers the Financial sector, focusing on stocks such as Capstar Financial Holdings Inc, Carolina Financial Corporation, and Pacific Premier Bancorp Inc.

Currently, the analyst consensus on Umpqua Holdings is a Hold with an average price target of $19.67, representing a 15.0% upside. In a report released today, Barclays also maintained a Hold rating on the stock with a $20 price target.

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The company has a one-year high of $24.89 and a one-year low of $15.09. Currently, Umpqua Holdings has an average volume of 1.9M.

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Umpqua Holdings Corp. operates as a bank holding company, which provides banking & financial services. The company operates through followings segments: Commercial Bank, Wealth Management, Retail Bank and Home Lending.