VantageSouth Bancshares Lowered to Neutral at Zacks (VSB)
VantageSouth Bancshares (NYSE:VSB) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a report released on Tuesday, StockRatingsNetwork.com reports. They currently have a $6.10 price target on the stock. Zacks‘ price target indicates a potential upside of 14.88% from the stock’s previous close.
Shares of VantageSouth Bancshares (NYSE:VSB) traded down 2.07% during mid-day trading on Tuesday, hitting $5.20. The stock had a trading volume of 10,589 shares. VantageSouth Bancshares has a 1-year low of $3.51 and a 1-year high of $5.98. The stock’s 50-day moving average is $5.41 and its 200-day moving average is $4.63. The company has a market cap of $238.8 million and a P/E ratio of 47.41.
A number of other firms have also recently commented on VSB. Analysts at Raymond James raised their price target on shares of VantageSouth Bancshares (NYSE:VSB) from $6.00 to $6.50 in a research note to investors on Tuesday, September 24th. They now have a “strong-buy” rating on the stock.
To view Zacks’ full report, visit www.zacks.com
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.