Initiation
Keefe Bruyette & Woods analyst Brady Gailey is now covering Ruston, La.-based Origin Bancorp Inc.'s stock. He gave it a "market perform" rating and set the price target at $42.
The analyst introduced Origin Bancorp EPS estimates at $2.13 for 2018 and $2.45 for 2019. Gailey wrote: "While we are favorably inclined on [Origin Bancorp] longer term, the stock has run up post IPO, leaving a limited expected return of 10% over the next year and corresponding to a market perform rating."
