Nicolet Bankshares (NCBS) Received its Third Buy in a Row

After KBW and Stephens gave Nicolet Bankshares (NASDAQ: NCBS) a Buy rating last month, the company received another Buy, this time from Maxim Group. Analyst Michael Diana reiterated a Buy rating on Nicolet Bankshares yesterday and set a price target of $94.00. The company’s shares closed last Thursday at $69.91.

According to TipRanks.com, Diana is a 5-star analyst with an average return of 14.3% and a 55.8% success rate. Diana covers the Financial sector, focusing on stocks such as First Savings Financial Group, Westamerica Bancorporation, and Pennantpark Floating Rate.

Currently, the analyst consensus on Nicolet Bankshares is a Strong Buy with an average price target of $89.33.

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The company has a one-year high of $86.25 and a one-year low of $52.48. Currently, Nicolet Bankshares has an average volume of 46.06K.

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Nicolet Bankshares, Inc. is a holding company, which engages in the provision of commercial and consumer banking services through its subsidiary, Nicolet Bank. It offers commercial and personal checking accounts, interest-bearing checking accounts; savings accounts; money market accounts; various types of certificates of deposit; and individual retirement accounts. It also provides commercial, construction, real estate, home equity, and consumer loans; as well as trust, investment management, and brokerage services. The company was founded by Robert Bruc Atwell and Michael E. Daniels on April 5, 2000 and is headquartered in Green Bay, WI.