Published On: Wed, Oct 19th, 2016

Lakeland Financial Corporation (NASDAQ:LKFN) Updated Broker Ratings


A number of investment brokers have recently updated their price targets on shares of Lakeland Financial Corporation (NASDAQ:LKFN).

Most recent broker ratings

07/21/2016 – D.A. Davidson began new coverage on Lakeland Financial Corporation giving the company a “neutral” rating. They now have a USD 51 price target on the stock.

06/13/2016 – Lakeland Financial Corporation had its “equal-weight” rating reiterated by analysts at Stephens.

12/17/2015 – Lakeland Financial Corporation was downgraded to “market perform” by analysts at Raymond James.

10/27/2015 – Lakeland Financial Corporation had its “market perform” rating reiterated by analysts at FIG Partners.

07/27/2015 – Lakeland Financial Corporation had its “market perform” rating reiterated by analysts at Keefe, Bruyette & Woods. They now have a USD 45 price target on the stock.

02/23/2015 – Lakeland Financial Corporation was downgraded to “neutral” by analysts at Zacks. They now have a USD 44.5 price target on the stock.

The share price of Lakeland Financial Corporation (NASDAQ:LKFN) was up +0.79% during the last day of trading, with a day high of 34.53. 66086 shares were traded during the last session.

The stock’s 50 day moving average is 35.41 and its 200 day moving average is 33.16. The stock’s market capitalization is 858.84M. Lakeland Financial Corporation has a 52-week low of 26.53 and a 52-week high of 37.74.

Lakeland Financial Corporation is a bank holding company. The Company, through its subsidiary, Lake City Bank (the Bank), provides an array of products and services throughout its Northern and Central Indiana markets. It offers commercial and consumer banking services, as well as trust and wealth management, brokerage, investment and treasury management commercial services. It serves a range of industries, including commercial real estate, manufacturing, agriculture, construction, retail, wholesale, finance and insurance, accommodation and food services, and healthcare. The Bank’s activities cover all phases of commercial banking, including deposit products, commercial and consumer lending, retail and merchant credit card services, corporate treasury management services, and wealth advisory, trust and brokerage services. The Bank has over 50 offices in over 10 counties in Northern and Central Indiana.