German American Bancorp, Inc. (GABC) to Release Quarterly Earnings on Monday
German American Bancorp, Inc. (NASDAQ:GABC) is scheduled to be issuing its quarterly earnings data after the market closes on Monday, July 24th. Analysts expect the company to announce earnings of $0.42 per share for the quarter.
Shares of German American Bancorp, Inc. (GABC) opened at 35.33 on Friday. The firm has a 50 day moving average price of $33.12 and a 200 day moving average price of $41.18. German American Bancorp, Inc. has a one year low of $22.12 and a one year high of $36.31. The company has a market capitalization of $810.08 million, a P/E ratio of 20.43 and a beta of 1.15.
A number of research analysts have recently issued reports on GABC shares. Keefe, Bruyette & Woods reissued a “hold” rating and issued a $47.00 price objective on shares of German American Bancorp in a research note on Monday, April 10th. Hilliard Lyons raised German American Bancorp from an “underperform” rating to a “neutral” rating and set a $33.00 price objective on the stock in a research note on Thursday, May 25th. Sandler O’Neill raised German American Bancorp from a “hold” rating to a “buy” rating in a research note on Tuesday, March 28th. Finally, Zacks Investment Research lowered German American Bancorp from a “hold” rating to a “sell” rating in a research report on Tuesday, April 11th. Five investment analysts have rated the stock with a hold rating, The company presently has a consensus rating of “Hold” and a consensus price target of $38.00.
About German American Bancorp
German American Bancorp, Inc is a bank holding company. As of December 31, 2016, the Company, through its banking subsidiary German American Bancorp, operated 51 banking offices in 19 contiguous southern Indiana counties and one northern Kentucky county. Its segments are core banking, trust and investment advisory services, insurance, and other.
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