Hovde Group Stock Recommendations and Price Targets

This is a list of recent ratings by Hovde Group.

DateCompany NameActionCurrent
Price
Price
Target
RatingImpact on
Share Price
11/19/2021
RWAY
Runway Growth Finance
Initiated Coverage$13.00 $14.50OutperformLow
9/17/2021
WNEB
Western New England Bancorp
Upgrade$9.00Market Perform ➝ OutperformHigh
9/17/2021
VLY
Valley National Bancorp
Upgrade$14.00Market Perform ➝ OutperformHigh
9/13/2021
BY
Byline Bancorp
Initiated Coverage$27.00 $28.00OutperformLow
9/2/2021
TCBI
Texas Capital Bancshares
Downgrade$59.00Outperform ➝ Market PerformHigh
8/9/2021
FDUS
Fidus Investment
Upgrade$17.00$18.50 ➝ $19.00Market Perform ➝ OutperformHigh
8/5/2021
CVBF
CVB Financial
Upgrade$20.00$22.00 ➝ $23.00Market Perform ➝ OutperformMedium
7/26/2021
SBSI
Southside Bancshares
Reiterated Rating$42.00$42.00 ➝ $34.82Market PerformLow
7/22/2021
BOKF
BOK Financial
Lower Price Target$106.00$99.00 ➝ $93.00Market PerformLow
6/23/2021
FHN
First Horizon
Upgrade$17.00 $20.00Market Perform ➝ OutperformLow
6/7/2021
FBMS
First Bancshares
Initiated Coverage$39.00Market PerformLow
5/10/2021
FDUS
Fidus Investment
Downgrade$17.00$17.00 ➝ $18.50Outperform ➝ Market PerformMedium
5/3/2021
EVBN
Evans Bancorp
Downgrade$40.00$37.00 ➝ $38.00Outperform ➝ Market PerformN/A
4/12/2021
WNEB
Western New England Bancorp
Initiated Coverage$9.00 $8.50Market PerformMedium
4/7/2021
VLY
Valley National Bancorp
Downgrade$14.00Outperform ➝ Market PerformLow
4/7/2021
PGC
Peapack-Gladstone Financial
Downgrade$34.00Outperform ➝ Market PerformLow
4/7/2021
SFBS
ServisFirst Bancshares
Downgrade$83.00Outperform ➝ Market PerformMedium
4/5/2021
TCBI
Texas Capital Bancshares
Upgrade$59.00$73.50 ➝ $82.50Market Perform ➝ OutperformLow
3/31/2021
PEBO
Peoples Bancorp
Upgrade$31.00$34.00 ➝ $40.00Market Perform ➝ OutperformMedium
3/19/2021
CSTR
Capstar Financial
Initiated Coverage$21.00 $22.00OutperformHigh
3/8/2021
BKU
BankUnited
Upgrade$41.00$42.00 ➝ $51.00Market Perform ➝ OutperformHigh
3/5/2021
OCSL
Oaktree Specialty Lending
Initiated Coverage$7.00 $7.25OutperformLow
3/5/2021
NMFC
New Mountain Finance
Initiated Coverage$14.00 $13.50Market PerformLow
3/5/2021
FDUS
Fidus Investment
Initiated Coverage$17.00 $17.00OutperformMedium
3/5/2021
FSK
FS KKR Capital
Initiated Coverage$22.00 $23.00OutperformLow
3/5/2021
CSWC
Capital Southwest
Initiated Coverage$27.00 $24.00OutperformLow
3/5/2021
SAR
Saratoga Investment
Initiated Coverage$29.00 $29.00OutperformLow
2/26/2021
RBB
RBB Bancorp
Initiated Coverage$25.00 $25.00OutperformMedium
2/8/2021
RBCAA
Republic Bancorp
Upgrade$54.00$38.00 ➝ $46.00Market Perform ➝ OutperformHigh
2/1/2021
PROV
Provident Financial
Downgrade$17.00 $17.00Outperform ➝ Market PerformLow
1/29/2021
SBT
Sterling Bancorp
Initiated Coverage$5.00 $6.00OutperformLow
1/25/2021
ICBK
County Bancorp
Upgrade$35.00$23.00 ➝ $25.00Market Perform ➝ OutperformHigh
1/25/2021
SBNY
Signature Bank
Upgrade$318.00$125.00 ➝ $195.00Market Perform ➝ OutperformMedium
1/22/2021
STL
Sterling Bancorp
Upgrade$25.00$18.00 ➝ $24.00Market Perform ➝ OutperformMedium
10/14/2020
CUBI
Customers Bancorp
Initiated Coverage$58.00 $20.00OutperformLow
9/30/2020
PB
Prosperity Bancshares
Upgrade$74.00$55.00 ➝ $57.00Underperform ➝ Market PerformLow
7/22/2020
BMTC
Bryn Mawr Bank
Downgrade$45.00$33.00 ➝ $31.00Outperform ➝ Market PerformHigh
7/6/2020
ICBK
County Bancorp
Downgrade$35.00 $23.00Outperform ➝ Market PerformHigh
5/29/2020
CVBF
CVB Financial
Upgrade$20.00$20.00 ➝ $20.50Underperform ➝ Market PerformLow
5/27/2020
IBTX
Independent Bank Group
Upgrade$72.00$59.00 ➝ $42.00Market Perform ➝ OutperformHigh
5/19/2020
MYFW
First Western Financial
Initiated Coverage$30.00 $15.00OutperformHigh
4/27/2020
FCCO
First Community
Upgrade$21.00$18.00 ➝ $17.00Market Perform ➝ OutperformHigh
4/8/2020
CVBF
CVB Financial
Downgrade$20.00$18.00 ➝ $19.00Market Perform ➝ UnderperformLow
4/7/2020
NCBS
Nicolet Bankshares
Downgrade$76.00$74.00 ➝ $65.00Outperform ➝ Market PerformHigh
3/30/2020
CBU
Community Bank System
Downgrade$73.00 $65.00Outperform ➝ Market PerformMedium
3/6/2020
NCBS
Nicolet Bankshares
Upgrade$76.00$70.00 ➝ $74.00Market Perform ➝ OutperformLow
3/3/2020
PFHD
Professional
Initiated Coverage$19.00 $21.50OutperformLow
3/2/2020
CBU
Community Bank System
Upgrade$73.00$72.00 ➝ $70.00Market Perform ➝ OutperformHigh
2/13/2020
EBMT
Eagle Bancorp Montana
Initiated Coverage$23.00 $25.50OutperformMedium
2/6/2020
EVBN
Evans Bancorp
Upgrade$40.00$41.00 ➝ $43.00Market Perform ➝ OutperformN/A
2/5/2020
MCBS
MetroCity Bankshares
Downgrade$29.00 $17.00Outperform ➝ Market PerformLow
1/31/2020
ICBK
County Bancorp
Upgrade$35.00 $29.00Market Perform ➝ OutperformLow
1/29/2020
SBNY
Signature Bank
Downgrade$318.00 $161.00Outperform ➝ Market PerformMedium
1/14/2020
INBK
First Internet Bancorp
Upgrade$44.00 $29.00Market Perform ➝ OutperformLow
12/16/2019
UCBI
United Community Banks
Downgrade$35.00 $33.00Outperform ➝ Market PerformLow
12/11/2019
IBTX
Independent Bank Group
Downgrade$72.00Outperform ➝ HoldMedium
12/11/2019
PB
Prosperity Bancshares
Downgrade$74.00Market Perform ➝ UnderperformLow
11/20/2019
SBNY
Signature Bank
Upgrade$318.00 $140.00Market Perform ➝ OutperformLow
10/29/2019
MCBS
MetroCity Bankshares
Initiated Coverage$29.00 $18.00OutperformLow
9/23/2019
CCBG
Capital City Bank Group
Downgrade$27.00 $30.00Outperform ➝ Market PerformMedium
8/27/2019
SNV
Synovus Financial
Upgrade$47.00$40.00 ➝ $42.00Market Perform ➝ OutperformMedium
8/5/2019
GABC
German American Bancorp
Downgrade$40.00 $34.00Outperform ➝ Market PerformHigh
7/12/2019
EVBN
Evans Bancorp
Downgrade$40.00Outperform ➝ Market PerformN/A
6/17/2019
WSBC
WesBanco
Initiated Coverage$34.00 $42.00Outperform ➝ OutperformLow
6/3/2019
CHCO
City
Initiated Coverage$80.00 $76.00Market Perform ➝ Market PerformLow
5/31/2019
ORRF
Orrstown Financial Services
Initiated Coverage$24.00 $25.00OutperformHigh
5/22/2019
FRME
First Merchants
Initiated Coverage$41.00 $39.00Market PerformHigh
5/14/2019
SBCF
Seacoast Banking Co. of Florida
Upgrade$35.00Underperform ➝ Market PerformMedium
5/6/2019
FMBH
First Mid Bancshares
Initiated Coverage$43.00 $39.00Market Perform ➝ Market PerformLow
5/6/2019
FRBA
First Bank
Initiated Coverage$15.00 $13.00Outperform ➝ OutperformLow
3/22/2019
CZWI
Citizens Community Bancorp
Initiated Coverage$14.00 $14.00Outperform ➝ OutperformHigh
3/20/2019
PROV
Provident Financial
Upgrade$17.00$19.00 ➝ $23.00Market Perform ➝ OutperformHigh
3/8/2019
MVBF
MVB Financial
Initiated Coverage$42.00 $18.50Outperform ➝ OutperformMedium
3/4/2019
SBCF
Seacoast Banking Co. of Florida
Downgrade$35.00$28.00 ➝ $27.50Market Perform ➝ UnderperformHigh
3/1/2019
PB
Prosperity Bancshares
Downgrade$74.00 $79.00Outperform ➝ Market PerformLow
2/15/2019
ICBK
County Bancorp
Downgrade$35.00$22.00 ➝ $20.00Outperform ➝ Market PerformLow
2/4/2019
BCML
BayCom
Initiated Coverage$19.00 $24.50Outperform ➝ OutperformHigh
1/29/2019
RBCAA
Republic Bancorp
Reiterated Rating$54.00 $41.00Market PerformMedium
1/28/2019
EBSB
Meridian Bancorp
Reiterated Rating$24.00 $15.00HoldLow
1/28/2019
INBK
First Internet Bancorp
Downgrade$44.00 $22.00Outperform ➝ Market PerformLow
1/28/2019
BSRR
Sierra Bancorp
Reiterated Rating$26.00BuyLow
1/28/2019
RNST
Renasant
Reiterated Rating$37.00$34.00 ➝ $38.00Market Perform ➝ Market PerformLow
1/28/2019
MBWM
Mercantile Bank
Reiterated Rating$34.00 $36.50HoldLow
1/18/2019
HWC
Hancock Whitney
Reiterated Rating$50.00$45.00 ➝ $48.00Outperform ➝ OutperformLow
1/2/2019
SBCF
Seacoast Banking Co. of Florida
Downgrade$35.00Outperform ➝ Market PerformMedium
1/2/2019
GABC
German American Bancorp
Upgrade$40.00 $31.00Market Perform ➝ OutperformMedium
1/2/2019
EVBN
Evans Bancorp
Upgrade$40.00 $38.00Market Perform ➝ OutperformN/A
1/2/2019
PB
Prosperity Bancshares
Upgrade$74.00 $70.00Market Perform ➝ OutperformHigh
1/2/2019
SBNY
Signature Bank
Downgrade$318.00Outperform ➝ Market PerformMedium