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First NBC Bank Holding Company (NASDAQ:NBCB) was downgraded by Sterne Agee from a “buy” rating to a “neutral” rating in a research note issued on Friday, TheFlyOnTheWall.com reports.

NBCB has been the subject of a number of other recent research reports. Analysts at Sandler O’Neill reiterated a “buy” rating on shares of First NBC Bank Holding Company in a research note on Friday, May 23rd. Analysts at Zacks upgraded shares of First NBC Bank Holding Company from a “neutral” rating to an “outperform” rating in a research note on Monday, April 21st. They now have a $36.30 price target on the stock. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $34.15.

First NBC Bank Holding Company (NASDAQ:NBCB) opened at 34.52 on Friday. First NBC Bank Holding Company has a 52-week low of $23.02 and a 52-week high of $35.83. The stock’s 50-day moving average is $32.55 and its 200-day moving average is $32.25. The company has a market cap of $639.3 million and a price-to-earnings ratio of 14.14.

First NBC Bank Holding Company (NASDAQ:NBCB) last posted its quarterly earnings results on Friday, May 2nd. The company reported $0.66 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.66. Analysts expect that First NBC Bank Holding Company will post $2.80 EPS for the current fiscal year.

First NBC Bank Holding Company is a bank holding company. The Company offers a range of financial services through its wholly owned banking subsidiary, First NBC Bank (NASDAQ:NBCB), a Louisiana state non-member bank, to businesses, institutions, and individuals in southeastern Louisiana and the Mississippi Gulf Coast.

The Fly On The Wall

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