Stephens analyst Matt Olney has adjusted the price target for Simmons First National (SFNC, Financial) downwards, moving it from $27 to $25. Despite this change, the Overweight rating on the stock remains intact. The firm's guidance for the fiscal year 2025 has not been altered.
The analyst points out that the company's management continues to take a conservative approach in their forecasts for net interest income and potential growth in loans and operating expenses. These cautious assumptions play a crucial role in the adjusted evaluation of the firm's future performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for Simmons First National Corp (SFNC, Financial) is $22.40 with a high estimate of $27.00 and a low estimate of $19.00. The average target implies an upside of 28.81% from the current price of $17.39. More detailed estimate data can be found on the Simmons First National Corp (SFNC) Forecast page.
Based on the consensus recommendation from 6 brokerage firms, Simmons First National Corp's (SFNC, Financial) average brokerage recommendation is currently 2.7, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Simmons First National Corp (SFNC, Financial) in one year is $21.98, suggesting a upside of 26.39% from the current price of $17.39. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Simmons First National Corp (SFNC) Summary page.
