Press coverage about Triumph Bancorp (NASDAQ:TBK) has been trending positive this week, Accern Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Triumph Bancorp earned a news sentiment score of 0.33 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 45.3494567773596 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the headlines that may have effected Accern’s rankings:
- CNH Finance acquires Triumph Healthcare Finance (westfaironline.com)
- $0.59 Earnings Per Share Expected for Triumph Bancorp Inc (TBK) This Quarter (americanbankingnews.com)
- CNH Finance, L.P. Announces Acquisition of Triumph Healthcare Finance (finance.yahoo.com)
- $51.82 Million in Sales Expected for Triumph Bancorp Inc (TBK) This Quarter (americanbankingnews.com)
Triumph Bancorp (TBK) opened at $42.20 on Friday. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $893.43, a PE ratio of 23.43, a PEG ratio of 1.45 and a beta of 0.93. Triumph Bancorp has a 1 year low of $20.50 and a 1 year high of $44.05.
A number of equities analysts have weighed in on the company. BidaskClub lowered Triumph Bancorp from a “hold” rating to a “sell” rating in a research note on Tuesday, December 12th. Piper Jaffray Companies restated a “buy” rating and issued a $49.00 target price on shares of Triumph Bancorp in a research note on Thursday, March 15th. Keefe, Bruyette & Woods set a $38.00 target price on Triumph Bancorp and gave the stock a “buy” rating in a research note on Friday, December 22nd. Sandler O’Neill restated a “buy” rating and issued a $41.00 target price on shares of Triumph Bancorp in a research note on Tuesday, January 23rd. Finally, B. Riley upgraded Triumph Bancorp from a “neutral” rating to a “buy” rating and upped their target price for the stock from $38.00 to $42.00 in a research note on Tuesday, January 23rd. One equities research analyst has rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. Triumph Bancorp currently has a consensus rating of “Buy” and a consensus price target of $38.67.
About Triumph Bancorp
Triumph Bancorp, Inc is a financial holding company. Through its bank subsidiary, TBK Bank, SSB (TBK Bank), the Company offers traditional banking services, as well as commercial finance products. The Company operates through four segments: Banking, Factoring, Asset Management and Corporate. The Factoring segment includes the operations of Triumph Business Capital with revenue derived from factoring services.
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