Capital Bank Financial Corp. (CBF) Downgraded by BidaskClub to “Strong Sell”

Capital Bank Financial Corp. (NASDAQ:CBF) was downgraded by research analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a report issued on Tuesday, August 1st.

Other analysts have also issued reports about the company. Keefe, Bruyette & Woods set a $41.00 price target on Capital Bank Financial Corp. in a research note on Tuesday, July 4th. Brean Capital downgraded Capital Bank Financial Corp. from a “buy” rating to a “hold” rating in a report on Tuesday, May 9th. FBR & Co downgraded Capital Bank Financial Corp. from an “outperform” rating to a “mkt perform” rating and cut their price objective for the stock from $45.00 to $44.00 in a report on Monday, April 24th. Finally, Barclays PLC raised their price objective on Capital Bank Financial Corp. from $44.00 to $45.00 and gave the stock an “overweight” rating in a report on Tuesday, April 25th. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $43.33.

Capital Bank Financial Corp. (NASDAQ:CBF) opened at 37.05 on Tuesday. Capital Bank Financial Corp. has a 12-month low of $29.05 and a 12-month high of $45.00. The stock’s 50 day moving average price is $38.18 and its 200 day moving average price is $39.58. The stock has a market cap of $1.92 billion, a price-to-earnings ratio of 24.54 and a beta of 0.46.

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About Capital Bank Financial Corp.

Capital Bank Financial Corp. is a bank holding company whose business is conducted through Capital Bank Corporation (the Bank). The Company, through its branches, offers a range of commercial and consumer loans and deposits, as well as ancillary financial services. It offers a range of commercial loan products, including owner occupied and non-owner occupied commercial real estate; construction; working capital loans and lines of credit; demand and time loans, and equipment, inventory and accounts receivable financing.

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