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Midsouth Bancorp Upgraded to “Outperform” at Keefe, Bruyette & Woods (MSL)

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Midsouth Bancorp Inc logoMidsouth Bancorp (AMEX:MSL) was upgraded by research analysts at Keefe, Bruyette & Woods from a “market perform” rating to an “outperform” rating in a report released on Monday, American Banking and Market News reports. The firm currently has a $14.50 price target on the stock, up from their previous price target of $11.75. Keefe, Bruyette & Woods’ price target indicates a potential downside of 6.27% from the stock’s previous close.

Midsouth Bancorp (AMEX:MSL) remained flat at $15.47 during during mid-day trading trading on Monday. The stock had a trading volume of 16,980 shares. Midsouth Bancorp has a 1-year low of $13.93 and a 1-year high of $17.44. The stock has a 50-day moving average of $15.84 and a 200-day moving average of $15.50. The company has a market cap of $174.1 million and a P/E ratio of 17.17.

MidSouth Bancorp, Inc is a bank holding company. The Company’s operations have been conducted primarily through its wholly owned bank subsidiary, MidSouth Bank, N.


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