|Company name||IBERIABANK Corporation|
|Live stock price||[stckqut]IBKC[/stckqut]|
|P/E compared to competitors||Fair|
|Confident Investor Rating||Good|
|Target stock price (TWCA growth scenario)||$81.35|
|Target stock price (averages with growth)||$86.25|
|Target stock price (averages with no growth)||$57.25|
|Target stock price (manual assumptions)||$74.02|
The following company description is from Google Finance: http://www.google.com/finance?q=ibkc
IBERIABANK Corporation (IBKC), incorporated on November 21, 1994, is a financial holding company. IBKC is the holding company for IBERIABANK, a Louisiana banking corporation; Lenders Title Company, an Arkansas-chartered title insurance and closing services agency (Lenders Title); IBERIA Capital Partners, LLC, a corporate finance services firm; IB Aircraft Holdings LLC, a holding company for its fractional investment in an aircraft; IBERIA Asset Management, Inc. (IAM), which provides wealth management and trust services, and IBERIA CDE LLC (CDE), which invests in purchased tax credits. It offers commercial and retail banking products and services to customers throughout locations in six states. On July 31, 2012, it acquired Fort Myers, Florida-based Florida Gulf Bancorp Inc and its subsidiary bank, Florida Gulf Bank.
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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