Glacier Bancorp Rating Lowered to Hold at Zacks (GBCI)
GBCI has been the subject of a number of other recent research reports. Analysts at Davidson upgraded shares of Glacier Bancorp from a “neutral” rating to a “buy” rating in a research note on Thursday, February 27th. They now have a $33.00 price target on the stock, up previously from $31.00. Analysts at DA Davidson upgraded shares of Glacier Bancorp from a “neutral” rating to a “buy” rating in a research note on Wednesday, February 26th. They now have a $33.00 price target on the stock, up previously from $31.00. Three equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $31.00.
Glacier Bancorp (NASDAQ:GBCI) traded up 1.52% on Friday, hitting $25.44. 159,956 shares of the company’s stock traded hands. Glacier Bancorp has a 52 week low of $18.60 and a 52 week high of $30.88. The stock has a 50-day moving average of $27.4 and a 200-day moving average of $28.11. The company has a market cap of $1.894 billion and a price-to-earnings ratio of 18.20.
Glacier Bancorp (NASDAQ:GBCI) last posted its quarterly earnings results on Monday, April 21st. The company reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by $0.01. Analysts expect that Glacier Bancorp will post $1.55 EPS 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.
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