Maxim Group Remains a Buy on First Savings Financial Group (FSFG)

In a report released yesterday, Michael Diana from Maxim Group reiterated a Buy rating on First Savings Financial Group (FSFGResearch Report), with a price target of $33.00. The company’s shares closed yesterday at $22.65.

According to TipRanks, Diana is a 5-star analyst with an average return of 11.6% and a 47.61% success rate. Diana covers the Financial sector, focusing on stocks such as AGNC Investment, Ellington Financial, and Svb Financial Group.

Currently, the analyst consensus on First Savings Financial Group is a Moderate Buy with an average price target of $33.00.

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FSFG market cap is currently $160.6M and has a P/E ratio of 9.85.

Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is neutral on the stock.

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First Savings Financial Group, Inc. operates as a savings and loans holding company for First Savings Bank FSB, a federally chartered savings bank. The firm operates as a community-oriented financial institution offering traditional financial services to consumers and businesses in its primary market area. It operates through the following segments: Core Banking, SBA Lending, and Mortgage Banking. The Core Banking segment engages in residential, commercial and consumer loans. The SBA Lending segment focuses on net gains on sales of loans and net interest income as its primary sources of revenue. The Mortgage Banking segment originates residential mortgage loans and sells it in the secondary market. The company was founded in May 2008 and is headquartered in Clarksville, IN.

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