Heartland Banccorp’s (HLAN) Positive Rating Reaffirmed at DA Davidson

Heartland Banccorp (OTCMKTS:HLAN)‘s stock had its “positive” rating reiterated by stock analysts at DA Davidson in a research report issued to clients and investors on Tuesday, The Fly reports. They presently have a $110.00 target price on the bank’s stock. DA Davidson’s target price would suggest a potential upside of 13.40% from the company’s previous close.

Separately, Zacks Investment Research raised shares of Heartland Banccorp from a “sell” rating to a “hold” rating in a report on Tuesday, November 19th.

HLAN opened at $97.00 on Tuesday. The firm has a market cap of $191.87 million, a price-to-earnings ratio of 14.54 and a beta of 0.42. Heartland Banccorp has a 52 week low of $78.00 and a 52 week high of $101.21. The business’s 50 day moving average is $89.43 and its two-hundred day moving average is $83.48.

Heartland Banccorp (OTCMKTS:HLAN) last posted its quarterly earnings data on Tuesday, October 15th. The bank reported $1.77 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.77. The firm had revenue of $12.36 million during the quarter. On average, sell-side analysts predict that Heartland Banccorp will post 6.35 earnings per share for the current fiscal year.

About Heartland Banccorp

Heartland BancCorp operates as the holding company for Heartland Bank that provides various banking products and services to individual and corporate customers in Franklin, Fairfield, and Licking counties of central Ohio. The company offers commercial, small business, and consumer banking services. Its deposit products include checking, savings, and money market accounts, as well as certificates of deposit.

Read More: What is the NASDAQ Stock Market?

The Fly

Receive News & Ratings for Heartland Banccorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Heartland Banccorp and related companies with MarketBeat.com's FREE daily email newsletter.