Sandler O’Neill Begins Coverage on CrossFirst Bankshares (NYSE:CFB)

Sandler O’Neill began coverage on shares of CrossFirst Bankshares (NYSE:CFB) in a research note published on Wednesday morning, Benzinga reports. The brokerage issued a buy rating and a $15.00 target price on the stock.

CFB has been the subject of a number of other research reports. Raymond James assumed coverage on CrossFirst Bankshares in a research note on Monday, September 9th. They issued a market perform rating for the company. Keefe, Bruyette & Woods assumed coverage on CrossFirst Bankshares in a research note on Monday, September 9th. They issued an outperform rating and a $18.00 price objective for the company. Stephens reaffirmed a hold rating and issued a $15.00 price objective on shares of CrossFirst Bankshares in a research note on Tuesday, October 22nd. Finally, Zacks Investment Research lowered CrossFirst Bankshares from a strong-buy rating to a hold rating in a research note on Tuesday, December 3rd. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. CrossFirst Bankshares currently has a consensus rating of Hold and an average price target of $16.00.

NYSE CFB opened at $14.02 on Wednesday. The stock has a 50-day simple moving average of $13.46. CrossFirst Bankshares has a twelve month low of $11.11 and a twelve month high of $15.50.

CrossFirst Bankshares (NYSE:CFB) last released its quarterly earnings data on Monday, October 21st. The company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.02. The business had revenue of $39.00 million during the quarter, compared to the consensus estimate of $37.00 million.

Several large investors have recently bought and sold shares of the stock. Homrich & Berg purchased a new stake in shares of CrossFirst Bankshares in the third quarter worth about $158,000. California State Teachers Retirement System purchased a new stake in shares of CrossFirst Bankshares in the third quarter worth about $179,000. Meritage Portfolio Management purchased a new stake in shares of CrossFirst Bankshares in the third quarter worth about $482,000. Dean Capital Investments Management LLC purchased a new stake in shares of CrossFirst Bankshares in the third quarter worth about $588,000. Finally, Millennium Management LLC purchased a new stake in shares of CrossFirst Bankshares in the third quarter worth about $626,000.

About CrossFirst Bankshares

CrossFirst Bankshares, Inc operates as the bank holding company for CrossFirst Bank that provides a range of banking and financial services to businesses, business owners, and professionals and its personal networks. The company offers commercial real estate, construction and development, and one-to-four family real estate loans; commercial loans across various industries, including the energy industry; and a variety of loans to individuals for personal and household purposes, such as secured and unsecured term loans, and home improvement loans.

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