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Latest news with #ChristopherMcgratty

KBW Remains a Hold on Home Bancshares (HOMB)
KBW Remains a Hold on Home Bancshares (HOMB)

Business Insider

time19-07-2025

  • Business
  • Business Insider

KBW Remains a Hold on Home Bancshares (HOMB)

KBW analyst Christopher Mcgratty maintained a Hold rating on Home Bancshares yesterday and set a price target of $32.00. The company's shares closed yesterday at $30.19. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Mcgratty is a 5-star analyst with an average return of 12.1% and a 69.29% success rate. Mcgratty covers the Financial sector, focusing on stocks such as Comerica, Webster Financial, and Bank of America. Home Bancshares has an analyst consensus of Moderate Buy, with a price target consensus of $32.00, which is a 6.00% upside from current levels. In a report released yesterday, Citi also maintained a Hold rating on the stock with a $30.00 price target. Based on Home Bancshares' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $354.8 million and a net profit of $115.21 million. In comparison, last year the company earned a revenue of $355.29 million and had a net profit of $100.11 million Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HOMB in relation to earlier this year. Last month, JOHN STEPHEN TIPTON, the Centennial Bank CEO of HOMB sold 24,159.00 shares for a total of $664,855.68.

KBW Keeps Their Buy Rating on Bank of America (BAC)
KBW Keeps Their Buy Rating on Bank of America (BAC)

Globe and Mail

time10-07-2025

  • Business
  • Globe and Mail

KBW Keeps Their Buy Rating on Bank of America (BAC)

KBW analyst Christopher Mcgratty maintained a Buy rating on Bank of America today and set a price target of $57.00. The company's shares closed today at $47.15. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Mcgratty covers the Financial sector, focusing on stocks such as Cathay General Bancorp, Hope Bancorp, and Comerica. According to TipRanks, Mcgratty has an average return of 12.5% and a 69.92% success rate on recommended stocks. In addition to KBW, Bank of America also received a Buy from Wells Fargo's Mike Mayo in a report issued today. However, yesterday, HSBC downgraded Bank of America (NYSE: BAC) to a Hold. BAC market cap is currently $366.5B and has a P/E ratio of 14.53.

KBW Keeps Their Buy Rating on Bank of America (BAC)
KBW Keeps Their Buy Rating on Bank of America (BAC)

Business Insider

time09-07-2025

  • Business
  • Business Insider

KBW Keeps Their Buy Rating on Bank of America (BAC)

KBW analyst Christopher Mcgratty maintained a Buy rating on Bank of America today and set a price target of $57.00. The company's shares closed today at $47.15. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Mcgratty covers the Financial sector, focusing on stocks such as Cathay General Bancorp, Hope Bancorp, and Comerica. According to TipRanks, Mcgratty has an average return of 12.5% and a 69.92% success rate on recommended stocks. In addition to KBW, Bank of America also received a Buy from Wells Fargo's Mike Mayo in a report issued today. However, yesterday, HSBC downgraded Bank of America (NYSE: BAC) to a Hold. BAC market cap is currently $366.5B and has a P/E ratio of 14.53.

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