trending Market Intelligence /marketintelligence/en/news-insights/trending/SvHQqD8jtQNQ5TMv2Jh8tg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Sandler O'Neill upgrades Simmons First following deal news

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

Sandler O'Neill upgrades Simmons First following deal news

Sandler O'Neill & Partners analyst Stephen Scouten upgraded Pine Bluff, Ark.-based Simmons First National Corp.'s stock rating to "buy" from "hold" and raised the price target to $30 from $26, following the announcement of the company's merger agreement with Columbia, Mo.-based Landrum Co.

Scouten said that the acquisition provides a "sizable fill-in" to Simmons First's legacy markets supported by a franchise with a history of more than 150 years.

He also wrote that he sees the deal as lower-risk in nature considering the new markets are geographically close by and should be generally familiar to Simmons First, while the added liquidity should provide the company with balance sheet flexibility in a lower interest rate environment.

Scouten's EPS estimates for the company are $2.45 for 2019, $2.60 for 2020 and $2.65 for 2021.