United Community Banks PT Raised to $18.00 (UCBI)
Equities research analysts at Keefe, Bruyette & Woods hoisted their price objective on shares of United Community Banks (NASDAQ:UCBI) from $15.00 to $18.00 in a research note issued to investors on Monday, Analyst RN reports. The firm currently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ target price indicates a potential upside of 12.85% from the stock’s previous close.
UCBI has been the subject of a number of other recent research reports. Analysts at Guggenheim raised their price target on shares of United Community Banks from $14.00 to $15.50 in a research note to investors on Monday. They now have a “neutral” rating on the stock. Separately, analysts at Raymond James raised their price target on shares of United Community Banks from $16.00 to $19.00 in a research note to investors on Friday. They now have a “strong-buy” rating on the stock. Finally, analysts at SunTrust raised their price target on shares of United Community Banks 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. Two research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $16.20.
United Community Banks (NASDAQ:UCBI) traded up 0.44% during mid-day trading on Monday, hitting $15.95. 865,410 shares of the company’s stock traded hands. United Community Banks has a one year low of $7.72 and a one year high of $16.04. The stock’s 50-day moving average is $14.87 and its 200-day moving average is $12.46. The company has a market cap of $947.6 million and a P/E ratio of 3.70.
United Community Banks (NASDAQ:UCBI) last posted its quarterly earnings results on Thursday, October 24th. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.02. During the same quarter in the previous year, the company posted $0.13 earnings per share. On average, analysts predict that United Community Banks will post $4.46 earnings per share for the current fiscal year.
United Community Banks, Inc (NASDAQ:UCBI) is a bank holding company.
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