Shares of Limestone Bancorp Inc (NASDAQ:LMST) have received an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.
Analysts have set a 1 year consensus price target of $16.25 for the company and are expecting that the company will post $0.32 EPS for the current quarter, according to Zacks. Zacks has also given Limestone Bancorp an industry rank of 168 out of 255 based on the ratings given to related companies.
A number of analysts have issued reports on LMST shares. FIG Partners reissued an “outperform” rating on shares of Limestone Bancorp in a report on Thursday, January 24th. Zacks Investment Research raised shares of Limestone Bancorp from a “hold” rating to a “buy” rating and set a $17.00 price target for the company in a report on Wednesday, March 27th. Finally, ValuEngine raised shares of Limestone Bancorp from a “sell” rating to a “hold” rating in a report on Wednesday, January 2nd.
Several institutional investors have recently modified their holdings of LMST. Legacy Advisors LLC bought a new stake in shares of Limestone Bancorp during the 1st quarter worth approximately $49,000. Dimensional Fund Advisors LP bought a new stake in shares of Limestone Bancorp during the 3rd quarter worth approximately $167,000. Patriot Financial Partners GP LP lifted its holdings in shares of Limestone Bancorp by 74.3% during the 4th quarter. Patriot Financial Partners GP LP now owns 261,494 shares of the company’s stock worth $3,598,000 after acquiring an additional 111,494 shares during the period. Finally, Banc Funds Co. LLC lifted its holdings in shares of Limestone Bancorp by 37.7% during the 4th quarter. Banc Funds Co. LLC now owns 279,353 shares of the company’s stock worth $3,752,000 after acquiring an additional 76,418 shares during the period. 25.59% of the stock is owned by institutional investors.
NASDAQ LMST opened at $15.15 on Monday. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.84. The stock has a market capitalization of $94.87 million, a price-to-earnings ratio of 12.32 and a beta of 0.17. Limestone Bancorp has a 12-month low of $11.91 and a 12-month high of $17.65.
Limestone Bancorp Company Profile
Limestone Bancorp, Inc operates as the bank holding company for Limestone Bank, Inc that provides a range of commercial and personal banking products and services. The company offers deposit products, including checking, savings, and term certificate accounts, as well as money market accounts and fixed rate certificates.
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