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First NBC Bank Holding Company (NASDAQ:NBCB) was upgraded by analysts at Sterne Agee from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Thursday, TheFlyOnTheWall.com reports.

A number of other firms have also recently commented on NBCB. Analysts at Sandler O’Neill cut their price target on shares of First NBC Bank Holding Company from $40.00 to $38.00 in a research note on Tuesday, June 10th. Separately, analysts at Zacks downgraded shares of First NBC Bank Holding Company from an “outperform” rating to a “market perform” rating in a research note on Monday, June 9th. They now have a $35.00 price target on the stock, down previously from $36.00. Finally, analysts at Keefe, Bruyette & Woods downgraded shares of First NBC Bank Holding Company from an “outperform” rating to a “market perform” rating in a research note on Monday, June 9th. They now have a $35.00 price target on the stock, down previously from $36.00. Three equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $36.00.

Shares of First NBC Bank Holding Company (NASDAQ:NBCB) opened at 31.32 on Thursday. 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 $32.0 and its 200-day moving average is $32.43. The company has a market cap of $580.1 million and a price-to-earnings ratio of 12.89.

First NBC Bank Holding Company (NASDAQ:NBCB) last released its earnings data on Friday, May 2nd. The company reported $0.66 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.66. Analysts expect that First NBC Bank Holding Company will post $2.67 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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