IBERIABANK Corporation ($IBKC) Cautious Buy or Hold to $71 Confident Investor Rating: Fair

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 Fair
EPS growth Poor
P/E growth Good
EBIT growth Good

ANALYSIS

Confident Investor Rating Fair
Target stock price (TWCA growth scenario) $76.87
Target stock price (averages with growth) $85.25
Target stock price (averages with no growth) $63.7
Target stock price (manual assumptions) $69.19

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 time, I think that a Confident Investor can cautiously invest in IBERIABANK Corporation as long as the price is correct. Most of the fundamentals of this company are good but there are some concerns. I will be removing IBERIABANK Corporation from my Watch List.

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How was this analysis of IBERIABANK Corporation calculated?

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