Banner Corp. Price Target Lowered to $44.00 at Raymond James (BANR)
Research analysts at Raymond James reduced their price objective on shares of Banner Corp. (NASDAQ:BANR) from $46.00 to $44.00 in a report released on Friday, Stock Ratings Network.com reports. Raymond James’ price target points to a potential upside of 19.47% from the stock’s previous close.
Separately, analysts at Zacks upgraded shares of Banner Corp. from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, December 25th. They now have a $47.60 price target on the stock.
Banner Corp. (NASDAQ:BANR) opened at 36.83 on Friday. Banner Corp. has a 52 week low of $29.14 and a 52 week high of $45.15. The stock has a 50-day moving average of $42.91 and a 200-day moving average of $39.10. The company has a market cap of $718.5 million and a P/E ratio of 15.73.
Banner Corp. (NASDAQ:BANR) last posted its quarterly earnings results on Wednesday, January 22nd. The company reported $0.69 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.66 by $0.03. Analysts expect that Banner Corp. will post $2.24 EPS for the current fiscal year.
Banner Corporation (NASDAQ:BANR) is a bank holding company.
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