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Glacier Bancorp (NASDAQ:GBCI) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a note issued to investors on Tuesday, Stock Ratings Network.com reports. They currently have a $33.90 target price on the stock. Zacks‘ target price points to a potential upside of 14.88% from the stock’s previous close.

GBCI has been the subject of a number of other recent research reports. Analysts at Keefe, Bruyette & Woods raised their price target on shares of Glacier Bancorp from $25.00 to $30.00 in a research note to investors on Monday, October 28th. They now have a “hold” rating on the stock. Separately, analysts at DA Davidson raised their price target on shares of Glacier Bancorp from $25.00 to $30.00 in a research note to investors on Monday, October 28th. They now have a “neutral” rating on the stock. Finally, analysts at RBC Capital downgraded shares of Glacier Bancorp from an “outperform” rating to a “sector perform” rating in a research note to investors on Monday, October 28th. Five analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $27.58.

Glacier Bancorp (NASDAQ:GBCI) traded up 0.72% during mid-day trading on Tuesday, hitting $29.51. 254,094 shares of the company’s stock traded hands. Glacier Bancorp has a 52-week low of $15.01 and a 52-week high of $30.88. The stock’s 50-day moving average is $29.33 and its 200-day moving average is $25.86. The company has a market cap of $2.193 billion and a P/E ratio of 23.67.

Glacier Bancorp (NASDAQ:GBCI) last released its earnings data on Thursday, October 24th. The company reported $0.35 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.33 by $0.02. On average, analysts predict that Glacier Bancorp will post $1.31 earnings per share for the current fiscal year.

Glacier Bancorp, Inc is a regional multi-bank holding company. As of December 31, 2012, the Company provided commercial banking services from 108 locations in Montana, Idaho, Wyoming, Colorado, Utah and Washington.

To view Zacks’ full report, visit www.zacks.com

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