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Wunderlich Maintains Hold on CenterState Banks


Wunderlich is out with its report today on CenterState Banks (NASDAQ: CSFL), maintaining Hold.

In its report, Wunderlich writes, "We maintain our Hold rating on shares of CenterState Banks as well as our $7 price target after CSFL reported a 3Q11 operating loss per share of $0.06 that bested consensus by $0.07. CenterState remains well capitalized, with above-average long-term growth potential in demographically favorable Florida markets that are target-rich with acquisition opportunities."

At the time of posting, shares of CSFL were trading at $5.19, up 1.37% from Tuesday's close.

Posted-In: WunderlichAnalyst Color Analyst Ratings


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