The Cadence Bancorp (CADE) Earns Market Perform Rating from Analysts at Keefe, Bruyette & Woods

The Cadence Bancorp (CADE) Earns Market Perform Rating from Analysts at Keefe, Bruyette & Woods

CADE has been the subject of several other research reports. Raymond James Financial, Inc. initiated coverage on shares of Cadence Bancorp in a research note on Monday, May 15th. They issued an outperform rating for the company. Goldman Sachs Group Inc initiated coverage on shares of Cadence Bancorp in a research note on Monday, May 8th. They issued a neutral rating and a $24.00 price objective for the company. Robert W. Baird initiated coverage on shares of Cadence Bancorp in a research note on Wednesday, May 10th. They issued an outperform rating and a $27.00 price objective for the company. SunTrust Banks, Inc. initiated coverage on shares of Cadence Bancorp in a research note on Monday, May 8th. They issued a hold rating and a $25.00 price objective for the company. Finally, JPMorgan Chase & Co. initiated coverage on shares of Cadence Bancorp in a research note on Monday, May 8th. They issued an overweight rating and a $26.00 price objective for the company. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Cadence Bancorp has an average rating of Buy and an average target price of $25.33.

Keefe, Bruyette & Woods started coverage on shares of Cadence Bancorp (NYSE:CADE) in a research report released on Wednesday. The brokerage issued a market perform rating and a $25.00 price objective on the stock.

Cadence Bancorp (CADE) opened at 22.50 on Wednesday. Cadence Bancorp has a 12 month low of $21.55 and a 12 month high of $23.20. The stock’s 50 day moving average is $22.26 and its 200-day moving average is $22.26. The firm has a market cap of $1.88 billion and a price-to-earnings ratio of 22.06. Cadence Bancorp (NYSE:CADE) last posted its earnings results on Monday, May 8th. The company reported $0.35 earnings per share (EPS) for the quarter. The company had revenue of $98.86 million for the quarter.

Cadence Bancorp (CADE) opened at 22.50 on Wednesday. Cadence Bancorp has a 12 month low of $21.55 and a 12 month high of $23.20. The stock’s 50 day moving average is $22.26 and its 200-day moving average is $22.26. The firm has a market cap of $1.88 billion and a price-to-earnings ratio of 22.06. About Cadence Bancorp

Cadence Bancorporation is a bank holding company. The Company is focused on middle-market commercial lending, complemented by retail banking and wealth management services, and provides a broad range of banking services to businesses, individuals and business owners. It operates through three segments: Banking, Financial Services and Corporate.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “CADE”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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