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German American Bancorp (NASDAQ:GABC) was upgraded by analysts at Keefe, Bruyette & Woods to an “outperform” rating in a research report issued to clients and investors on Friday, TheFlyOnTheWall.com reports.

Shares of German American Bancorp (NASDAQ:GABC) opened at 25.83 on Friday. German American Bancorp has a 52-week low of $21.16 and a 52-week high of $30.58. The stock has a 50-day moving average of $26.78 and a 200-day moving average of $27.88. The company has a market cap of $341.2 million and a P/E ratio of 13.14.

German American Bancorp (NASDAQ:GABC) last issued its quarterly earnings data on Monday, April 28th. The company reported $0.48 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.48. On average, analysts predict that German American Bancorp will post $1.99 earnings per share for the current fiscal year.

German American Bancorp, Inc is a financial services holding company. The principal subsidiary of the Company is its banking subsidiary, German American Bancorp (NASDAQ:GABC), which operates through 34 retail banking offices in 12 contiguous Southern Indiana counties.

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