Market Overview

UPDATE: Sterne Agee Reiterates Hilltop Holdings at Buy Following 10-K Release

Related HTH
Raymond James Downgrades Six Banking Stocks
Texas Banks' Earnings Are In The Books: Here's How To Play It

Sterne Agee maintained Hilltop Holdings (NYSE: HTH) with a Buy rating and a $16.50 price target.

Sterne Agee analyst Brett Rabatin wrote, "We continue to believe HTH's valuation should migrate closer to Texas bank peers over the next several quarters. Visibility of earning power should be higher in 1Q13 and is a primary catalyst in our view. Despite some concern about mortgage bank earnings, we consider HTH particularly attractive in a bank stock market of 13-14x FY14 estimates for SMID banks vs. 9x for HTH."

Hilltop Holdings closed at $13.11 on Friday.

Latest Ratings for HTH

Jan 2016Piper JaffrayMaintainsOverweight
Dec 2015Raymond JamesDowngradesOutperformMarket Perform
Nov 2015MacquarieMaintainsOutperform

View More Analyst Ratings for HTH
View the Latest Analyst Ratings

Posted-In: Sterne AgeeAnalyst Color Reiteration Analyst Ratings


Related Articles (HTH)

View Comments and Join the Discussion!

Get Benzinga's Newsletters