Published On: Wed, Oct 19th, 2016

IBERIABANK Corporation (NASDAQ:IBKC) Latest Broker Coverage


A number of investment brokers have recently updated their price targets on shares of IBERIABANK Corporation (NASDAQ:IBKC).

Most recent broker ratings

10/07/2016 – IBERIABANK Corporation was upgraded to “overweight” by analysts at Piper Jaffray. They now have a USD 78 price target on the stock.

09/13/2016 – IBERIABANK Corporation was downgraded to “hold” by analysts at Sandler O’Neill. They now have a USD 72 price target on the stock.

09/07/2016 – IBERIABANK Corporation had its “outperform” rating reiterated by analysts at FBR Capital Markets. They now have a USD 73 price target on the stock.

08/17/2016 – IBERIABANK Corporation was upgraded to “outperform” by analysts at Keefe, Bruyette & Woods. They now have a USD 72 price target on the stock.

08/08/2016 – IBERIABANK Corporation was upgraded to “outperform” by analysts at FIG Partners.

05/04/2016 – IBERIABANK Corporation had its “market perform” rating reiterated by analysts at Hovde Group. They now have a USD 57 price target on the stock.

02/01/2016 – IBERIABANK Corporation had its “hold” rating reiterated by analysts at Jefferies. They now have a USD 54 price target on the stock.

02/01/2016 – IBERIABANK Corporation was upgraded to “strong buy” by analysts at Raymond James. They now have a USD 60 price target on the stock.

12/03/2015 – IBERIABANK Corporation had its “outperform” rating reiterated by analysts at Robert W. Baird.

06/30/2015 – IBERIABANK Corporation had its “buy” rating reiterated by analysts at Wunderlich. They now have a USD 85 price target on the stock.

05/28/2015 – IBERIABANK Corporation had its “buy” rating reiterated by analysts at Bank of America Merrill Lynch.

05/04/2015 – IBERIABANK Corporation was downgraded to “sell” by analysts at Zacks.

04/27/2015 – IBERIABANK Corporation had its “neutral” rating reiterated by analysts at SunTrust. They now have a USD 68 price target on the stock.

06/16/2014 – IBERIABANK Corporation had its “market perform” rating reiterated by analysts at Iberia Capital. They now have a USD 68 price target on the stock.

10/09/2013 – IBERIABANK Corporation was downgraded to “market perform” by analysts at Oppenheimer. They now have a USD 0.85 price target on the stock.

The share price of IBERIABANK Corporation (NASDAQ:IBKC) was up +1.18% during the last day of trading, with a day high of 69.80. 142001 shares were traded during the last session.

The stock’s 50 day moving average is 68.08 and its 200 day moving average is 62.22. The stock’s market capitalization is 2.81B. IBERIABANK Corporation has a 52-week low of 42.20 and a 52-week high of 71.50.

IBERIABANK Corporation is a financial holding company. The Company is the holding company for IBERIABANK, a Louisiana banking corporation; Lenders Title Company, an Arkansas-chartered title insurance and closing services agency; IBERIA Capital Partners, LLC, a corporate finance services firm; 1887 Leasing, LLC, a holding company for its aircraft; IBERIA Asset Management, Inc., which provides wealth management and trust services to high net worth individuals, pension funds, corporations and trusts; 840 Denning, LLC, which invests in a commercial rental property, and IBERIA CDE L.L.C., which invests in purchased tax credits. IBERIABANK offers commercial and retail banking products and services to customers throughout locations in over seven states. It operates over 320 combined offices; over 20 title insurance offices; mortgage representatives in over 70 locations; over eight wealth management locations in over five states, and one IBERIA Capital Partners L.L.C. office in Louisiana.