IBERIABANK Corporation ($IBKC) Possible Buy to $70 Confident Investor Rating: Good

Company name IBERIABANK Corporation
Stock ticker IBKC
Live stock price [stckqut]IBKC[/stckqut]
P/E compared to competitors Fair
MANAGEMENT EXECUTION
Employee productivity Fair
Sales growth Good
EPS growth Fair
P/E growth Good
EBIT growth Good
ANALYSIS
Confident Investor Rating Good
Target stock price (TWCA growth scenario) $78.57
Target stock price (averages with growth) $81.72
Target stock price (averages with no growth) $49.95
Target stock price (manual assumptions) $69.84

The following company description is from Google Finance: http://www.google.com/finance?q=ibkc

IBERIABANK Corporation (IBKC) is a financial holding company. The Company operates in three segment levels: IBERIABANK, IBERIABANK fsb, and Lenders Title Company (Lenders Title). As of December 31, 2010, the Company had 226 combined offices, including 145 bank branch offices in Louisiana, Arkansas, Florida, Alabama, Tennessee, and Texas, 27 title insurance offices in Arkansas and Louisiana, and mortgage representatives in 54 locations in 12 states. On July 23, 2010, IBERIABANK acquired certain assets of Sterling Bank, including its loan portfolio, and assumed deposits and other liabilities of Sterling Bank from the Federal Deposit Insurance Corporation (FDIC), as receiver. On December 31, 2010, IBERIABANK fsb, its federal savings bank subsidiary was merged with and into IBERIABANK. On May 31, 2011, the Company acquired OMNI BANCSHARES, Inc. On May 31, 2011, the Company acquired Cameron Bancshares, Inc.

Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in this stock.

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