Access National Corp. Upgraded to “Neutral” by Zacks (ANCX)
Access National Corp. (NASDAQ:ANCX) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research note issued on Wednesday. The firm currently has a $14.90 target price on the stock. Zacks‘s target price would indicate a potential upside of 2.62% from the stock’s previous close.
Access National Corp. (NASDAQ:ANCX) traded down 0.14% during mid-day trading on Wednesday, hitting $14.50. The stock had a trading volume of 37,199 shares. Access National Corp. has a one year low of $12.47 and a one year high of $17.62. The stock has a 50-day moving average of $14.73 and a 200-day moving average of $15.59. The company has a market cap of $151.0 million and a P/E ratio of 12.63.
Access National Corp. (NASDAQ:ANCX) last issued its quarterly earnings data on Friday, April 18th. The company reported $0.23 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.27 by $0.04. On average, analysts predict that Access National Corp. will post $1.03 earnings per share for the current fiscal year.
In other Access National Corp. news, Director James L. Jadlos purchased 9,463 shares of Access National Corp. stock on the open market in a transaction dated Friday, May 23rd. The stock was purchased at an average price of $14.85 per share, with a total value of $140,525.55. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Access National Corporation (NASDAQ:ANCX) operates as a bank holding company.
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