Analyst Ratings For Cadence Bancorp (NYSE:CADE)
Today, Stephens reiterated its Buy rating on Cadence Bancorp (NYSE:CADE) with a price target of $24.00.
There are 5 Buy Ratings, 2 Hold Ratings, 1 Strong Buy Ratings, no Sell Ratings on the stock.
The current consensus rating on Cadence Bancorp (NYSE:CADE) is Buy with a consensus target price of $28.50 per share, a potential 58.51% upside.
Some recent analyst ratings include
- 12/19/2018-Cadence Bancorp (NYSE:CADE) had its Buy rating reiterated by Stephens with a $24.00 price target
- 11/8/2018-Cadence Bancorp (NYSE:CADE) gets upgraded to Outperform by Keefe, Bruyette & Woods with a price target of $32.00
- 10/23/2018-Cadence Bancorp (NYSE:CADE) had its Outperform rating reiterated by Royal Bank of Canada with a $28.00 price target
- 3/28/2018-Cadence Bancorp (NYSE:CADE) has coverage initiated with a Overweight rating and $32.00 price target
- On 10/24/2018 Jerry W. Powell, Insider, bought 4,000 with an average share price of $20.49 per share and the total transaction amounting to $81,960.00.
- On 10/24/2018 William B Harrison Jr, Director, bought 23,000 with an average share price of $21.72 per share and the total transaction amounting to $499,560.00.
- On 9/14/2018 Paul B. Murphy, Jr., Chairman, sold 275,000 with an average share price of $27.41 per share and the total transaction amounting to $7,537,750.00.
- On 9/14/2018 Samuel M Tortorici, President, sold 100,943 with an average share price of $27.41 per share and the total transaction amounting to $2,766,847.63.
- On 9/14/2018 Valerie Toalson, Insider, sold 25,160 with an average share price of $27.41 per share and the total transaction amounting to $689,635.60.
- On 11/17/2017 Cadence Bancorp, Llc, Major Shareholder, sold 1,425,000 with an average share price of $22.00 per share and the total transaction amounting to $31,350,000.00.
About Cadence Bancorp (NYSE:CADE)
Cadence Bancorporation operates as the bank holding company for Cadence Bank, N.A. that provides commercial banking products and services to businesses, high net worth individuals, business owners, and retail customers in the United States. The company operates through Banking and Financial Services segments. It offers various deposit products, including checking, savings, money market, and other deposit accounts. The company also provides commercial and industrial, and residential and commercial real estate loans; other consumer loans, such as home equity, auto, boat, and personal installment loans; and shared national credits. In addition, it offers wealth management, and other fiduciary and private banking services under the Linscomb & Williams and Cadence Trust brands. Further, the company provides life, disability, long-term care, homeowner's, property and casualty, and key person insurance products, as well as buy-sell agreements to retail customers; and business owner, commercial vehicle, property and liability, workers compensation, and specialty liability policies to commercial customers under the Cadence Insurance Services and Cadence Investment Services brands through financial consultants and advisors, and third party partners, as well as directly. Additionally, it offers various financial services comprising debit and credit cards; treasury management and merchant services; employee and payroll benefit solutions; automated clearing house, lock-box, and remote deposit capture services; international trade finance; and international trade, foreign exchange, and other treasury services, as well as online, mobile, and telephone banking services. As of December 31, 2017, it operated 63 full-service and 2 drive-thru branches in Alabama, Florida, Texas, Mississippi, and Tennessee, as well as 78 ATMs and 9 ITMs. The company was founded in 1885 and is headquartered in Houston, Texas. Cadence Bancorporation is a subsidiary of Cadence Bancorp, LLC.
Recent Trading Activity for Cadence Bancorp (NYSE:CADE)
Shares of Cadence Bancorp closed the previous trading session at 17,98 −0,22 1,21 % with shares trading hands.
