Capital City Bank Group Inc (NASDAQ: CCBG), Hershey (NYSE: HSY), Hatteras Financial Corp. (NYSE: HTS), Jones Lang LaSalle (NYSE: JLL) and Supervalu (NYSE: SVU) get ratings reiterated by analysts.
Keefe, Bruyette & Woods, Inc reiterated a “Market Perform” rating on Capital City Bank Group Inc (CCBG). They have a price target of $14 on the stock.
Morgan Stanley (NYSE:MS) reiterated an “Equal Weight” rating on Hershey (HSY). They have a price target of $57 on the stock.
Deutsche Bank (NYSE:DB) maintains “Hold” rating on shares of Hatteras Financial Corp. (HTS).
JPMorgan Chase & Co. (NYSE:JPM) reiterated a “Neutral” rating on Jones Lang LaSalle (JLL).
Jeffries (NYSE:JEF) reiterated a “Hold” rating on Supervalu (SVU). They have a price target of $9.50 on the company.
Showing posts with label Capital City Bank Group. Show all posts
Showing posts with label Capital City Bank Group. Show all posts
Thursday, April 28, 2011
Wednesday, January 26, 2011
Capital City Bank (NASDAQ:CCBG) Problem Loans Remain Outsized in Contrast to Peers
Capital City Bank Group (NASDAQ:CCBG), while seemingly having improved their credit quality, still has a large number of problem loans when compared against their non-Florida peers.
FBR says, "Overall, Capital City maintained the perception of improving credit quality and profitability in 4Q10 and we believe the company faces a positive outlook in 2011 as economic conditions continue to improve, though would note that the level of problem loans at the company remains outsized relative to the company's non-Florida peers. Significant organic growth prospects are inhibited due to a lack of credit-worthy borrowers and limited excess capital (4Q10 tangible common equity to assets of 6.98%) which will remain a drag on valuation in the near term."
FBR Capital reiterates a "Market Perform" rating on Capital City Bank Group (CCBG), which closed Tuesday at $13.58, gaining $1.21, or 9.78 percent.
FBR says, "Overall, Capital City maintained the perception of improving credit quality and profitability in 4Q10 and we believe the company faces a positive outlook in 2011 as economic conditions continue to improve, though would note that the level of problem loans at the company remains outsized relative to the company's non-Florida peers. Significant organic growth prospects are inhibited due to a lack of credit-worthy borrowers and limited excess capital (4Q10 tangible common equity to assets of 6.98%) which will remain a drag on valuation in the near term."
FBR Capital reiterates a "Market Perform" rating on Capital City Bank Group (CCBG), which closed Tuesday at $13.58, gaining $1.21, or 9.78 percent.
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