NasdaqGS:INDBBanks
Independent Bank (INDB) Valuation Check After Barclays Downgrade Of Conservative Regional Lender
Barclays analyst Jared Shaw recently downgraded Independent Bank (INDB) to a sell rating, an event that has sharpened investor focus on this regional lender and its role as a conservative, income oriented bank stock.
See our latest analysis for Independent Bank.
Despite the downgrade, Independent Bank’s recent trading paints a different short term picture, with a 30 day share price return of 13.38% and a year to date share price return of 16.37%, alongside a 1 year total shareholder return of...