First NBC Bank Holding Company Downgraded to “Neutral” at Zacks (NBCB)
First NBC Bank Holding Company (NASDAQ:NBCB) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued to investors on Tuesday, Analyst RN reports. They currently have a $35.30 target price on the stock. Zacks‘ target price suggests a potential upside of 8.88% from the company’s current price.
First NBC Bank Holding Company (NASDAQ:NBCB) traded down 0.49% on Tuesday, hitting $32.26. 319,471 shares of the company’s stock traded hands. First NBC Bank Holding Company has a 52 week low of $23.02 and a 52 week high of $33.11. The stock’s 50-day moving average is $29.76 and its 200-day moving average is $26.44. The company has a market cap of $578.6 million and a P/E ratio of 16.25.
Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of First NBC Bank Holding Company from $29.00 to $32.00 in a research note to investors on Friday, November 8th. They now have an “outperform” rating on the stock.
First NBC Bank Holding Company is a bank holding company. The Company offers a range of financial services through its wholly owned banking subsidiary, First NBC Bank (NASDAQ:NBCB), a Louisiana state non-member bank, to businesses, institutions, and individuals in southeastern Louisiana and the Mississippi Gulf Coast.
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