Equities researchers at Keefe, Bruyette & Woods initiated coverage on shares of Southern First Bancshares (NASDAQ:SFST) in a research report issued on Thursday, TheFlyOnTheWall.com reports. The firm set an “outperform” rating and a $16.00 price target on the stock. Keefe, Bruyette & Woods’ target price suggests a potential upside of 37.22% from the company’s current price.
Southern First Bancshares (NASDAQ: SFST) traded up 0.60% on Thursday, hitting $11.73. Southern First Bancshares has a 1-year low of $7.2727 and a 1-year high of $11.75. The stock’s 50-day moving average is currently $11.01. The company has a market cap of $50.1 million and a price-to-earnings ratio of 16.02.
Southern First Bancshares, Inc is the holding company for Southern First Bank, N.A. (NASDAQ: SFST).
