Published On: Wed, Oct 19th, 2016

Analyst Review: Fidelity Southern Corporation (NASDAQ:LION)


A number of investment brokers have recently updated their price targets on shares of Fidelity Southern Corporation (NASDAQ:LION).

Most recent broker ratings

07/22/2016 – Fidelity Southern Corporation was upgraded to “outperform” by analysts at Keefe, Bruyette & Woods. They now have a USD 20 price target on the stock.

05/18/2016 – FBR Capital Markets began new coverage on Fidelity Southern Corporation giving the company a “market perform” rating. They now have a USD 18 price target on the stock.

02/18/2016 – Fidelity Southern Corporation had its “market perform” rating reiterated by analysts at Cowen. They now have a USD 24 price target on the stock.

09/18/2015 – Stephens began new coverage on Fidelity Southern Corporation giving the company a “equal-weight” rating. They now have a USD 22 price target on the stock.

03/02/2015 – Fidelity Southern Corporation was downgraded to “neutral” by analysts at Zacks. They now have a USD 17 price target on the stock.

11/04/2013 – Fidelity Southern Corporation was upgraded to “buy” by analysts at Thomson Reuters/Verus.

The share price of Fidelity Southern Corporation (NASDAQ:LION) was up +0.11% during the last day of trading, with a day high of 18.15. 23754 shares were traded during the last session.

The stock’s 50 day moving average is 18.17 and its 200 day moving average is 16.86. The stock’s market capitalization is 469.15M. Fidelity Southern Corporation has a 52-week low of 14.01 and a 52-week high of 23.05.

Fidelity Southern Corporation is a bank holding company. The Company operates in the community banking segment. It conducts its operations through its subsidiary bank, Fidelity Bank (the Bank). The Bank provides various financial products and services for retail customers and small to medium-sized businesses, primarily in Atlanta and Jacksonville, Orlando and Sarasota-Bradenton, Florida markets. It also conducts indirect automobile lending, residential mortgage lending and Small Business Administration (SBA) lending activities in over 10 states. It is primarily engaged in attracting deposits from individuals and businesses and using these deposits and borrowed funds to originate commercial, residential mortgage, construction and installment loans. The Company’s subsidiary, LionMark Insurance Company is an insurance agency that offers consumer credit related insurance products.