BNC Bancorp Stock Rating Reaffirmed by Raymond James (BNCN)
BNC Bancorp (NASDAQ:BNCN)‘s stock had its “outperform” rating reaffirmed by equities researchers at Raymond James in a research report issued on Monday. They currently have a $20.00 price target on the stock, up from their previous price target of $19.00. Raymond James’ price objective suggests a potential upside of 11.23% from the stock’s previous close.
Shares of BNC Bancorp (NASDAQ:BNCN) traded up 2.73% during mid-day trading on Monday, hitting $18.47. The stock had a trading volume of 21,229 shares. BNC Bancorp has a 52-week low of $10.06 and a 52-week high of $18.90. The stock has a 50-day moving average of $16.72 and a 200-day moving average of $16.63. The company has a market cap of $528.4 million and a price-to-earnings ratio of 25.58.
BNC Bancorp (NASDAQ:BNCN) last released its earnings data on Friday, April 25th. The company reported $0.24 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.24. Analysts expect that BNC Bancorp will post $1.12 EPS for the current fiscal year.
BNC Bancorp is a bank holding company of Bank of North Carolina (NASDAQ:BNCN).
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