Guaranty Bancorp Given New $13.50 Price Target at Keefe, Bruyette & Woods (GBNK)
Equities researchers at Keefe, Bruyette & Woods boosted their target price on shares of Guaranty Bancorp (NASDAQ:GBNK) from $12.50 to $13.50 in a research report issued on Thursday, Analyst RN reports. The firm currently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ target price points to a potential downside of 1.89% from the stock’s previous close.
Shares of Guaranty Bancorp (NASDAQ:GBNK) traded down 0.43% during mid-day trading on Thursday, hitting $13.76. The stock had a trading volume of 14,976 shares. Guaranty Bancorp has a 52-week low of $7.70 and a 52-week high of $14.00. The stock’s 50-day moving average is $12.77 and its 200-day moving average is $11.65. The company has a market cap of $287.2 million and a price-to-earnings ratio of 25.13.
GBNK has been the subject of a number of other recent research reports. Analysts at FBR Capital Markets raised their price target on shares of Guaranty Bancorp from $13.50 to $14.00 in a research note to investors on Thursday. They now have a “market perform” rating on the stock. Separately, analysts at FIG Partners downgraded shares of Guaranty Bancorp from an “outperform” rating to a “market perform” rating in a research note to investors on Friday, September 27th. They now have a $13.50 price target on the stock. Finally, analysts at Zacks downgraded shares of Guaranty Bancorp from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, September 4th. They now have a $14.10 price target on the stock. Five investment analysts have rated the stock with a hold rating, Guaranty Bancorp currently has an average rating of “Hold” and a consensus target price of $14.02.
Guaranty Bancorp is a bank holding company. The Company’s principal business is to serve as a holding company for its bank subsidiary, Guaranty Bank and Trust Company (NASDAQ:GBNK).
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