SmartFinancial with ticker code (SMBK) now have 7 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 25 and 22 calculating the average target price we see 23.5. Now with the previous closing price of 21.24 this indicates there is a potential upside of 10.6%. The 50 day moving average now sits at 20.65 and the 200 moving average now moves to 16.99. The company has a market capitalisation of $330m. Company Website: http://www.smartfinancialinc.com
SmartFinancial operates as the bank holding company for SmartBank that provides various financial services to individuals and corporate customers in Tennessee, Alabama, Florida, and Georgia. It accepts various deposit products, including interest bearing and non-interest bearing checking accounts, savings accounts, money market accounts, individual retirement accounts, and certificates of deposit. The company also provides commercial and consumer real estate loans, construction and land development, commercial and industrial, and consumer and other loans. In addition, it offers Internet and mobile banking services. As of March 31, 2020, the company operated through 35 full-service branches located in Tennessee, Alabama, and Florida; and 2 loan production offices and 2 service centers. SmartFinancial is headquartered in Knoxville, Tennessee.