Published On: Wed, Oct 19th, 2016

Recently Changed Price Targets On First Internet Bancorp (NASDAQ:INBK)


A number of investment brokers have recently updated their price targets on shares of First Internet Bancorp (NASDAQ:INBK).

Most recent broker ratings

07/25/2016 – First Internet Bancorp had its “buy” rating reiterated by analysts at Maxim Group. They now have a USD 33 price target on the stock.

07/29/2014 – First Internet Bancorp had its “buy” rating reiterated by analysts at Sandler O’Neill. They now have a USD 26 price target on the stock.

The share price of First Internet Bancorp (NASDAQ:INBK) was up +0.21% during the last trading session, with a day high of 24.10. 41795 shares were traded on First Internet Bancorp’s last session.

The stock’s 50 day moving average is 23.69 and its 200 day moving average is 23.90. The stock’s market capitalization is 133.07M. First Internet Bancorp has a 52-week low of 22.01 and a 52-week high of 33.00.

First Internet Bancorp is a bank holding company that conducts its business activities through its subsidiary, First Internet Bank of Indiana (the Bank). The Company offers a complement of products and services on a nationwide basis. The Company conducts its deposit operations primarily over the Internet. The Company also offers commercial real estate (CRE) lending, including nationwide single tenant lease financing and commercial and industrial (C&I) lending, including business banking/treasury management services. The Bank provides commercial and retail banking services, with operations conducted on the Internet at www.firstib.com. It offers residential real estate loans, home equity loans and lines of credit, and consumer loans, and loans to commercial clients, which include commercial loans, commercial real estate loans, letters of credit and single tenant lease financing. The Bank’s subsidiary, JKH Realty Services, LLC manages real estate owned properties.