United Community Banks Inc. Reaches New 12-Month High at $16.03 (UCBI)
United Community Banks (NASDAQ:UCBI)’s share price reached a new 52-week high during trading on Tuesday, Analyst Ratings Network.com reports. The stock traded as high as $16.03 and last traded at $15.94, with a volume of 571,104 shares traded. The stock had previously closed at $15.41.
A number of analysts have recently weighed in on UCBI shares. Analysts at SunTrust raised their price target on shares of United Community Banks (NASDAQ:UCBI) from $14.00 to $15.50 in a research note to investors on Tuesday, August 20th. They now have a “neutral” rating on the stock. Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of United Community Banks (NASDAQ:UCBI) from $4.00 to $15.00 in a research note to investors on Friday, July 26th. Finally, analysts at Guggenheim raised their price target on shares of United Community Banks (NASDAQ:UCBI) from $13.00 to $14.00 in a research note to investors on Friday, July 26th. They now have a “neutral” rating on the stock.
Two analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. United Community Banks currently has a consensus rating of “Buy” and a consensus price target of $14.70.
United Community Banks has a 52 week low of $8.01 and a 52 week high of $15.81. The stock’s 50-day moving average is $14.65 and its 200-day moving average is $12.34. The company has a market cap of $925.4 million and a P/E ratio of 3.65.
United Community Banks (NASDAQ:UCBI) last posted its quarterly earnings results on Thursday, July 25th. The company reported $3.90 earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.04) by $3.94. During the same quarter in the prior year, the company posted $0.06 earnings per share. Analysts expect that United Community Banks will post $4.45 EPS for the current fiscal year.
United Community Banks, Inc (NASDAQ:UCBI) is a bank holding company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.