Hovde Group Begins Coverage on Commerce Union Bancshares Inc (CUBN)
Equities research analysts at Hovde Group began coverage on shares of Commerce Union Bancshares Inc (OTC:CUBN) in a report issued on Wednesday, StockTargetPrices.com reports. The firm set an “outperform” rating and a $26.50 price target on the stock.
Separately, Keefe, Bruyette & Woods began coverage on Commerce Union Bancshares in a research note on Friday, September 29th. They issued a “mkt perform” rating and a $24.00 price objective on the stock.
Commerce Union Bancshares (OTC CUBN) traded up 0.0842% on Wednesday, hitting $23.8801. The stock had a trading volume of 697 shares. The stock’s 50-day moving average is $23.44 and its 200 day moving average is $23.18. The firm has a market capitalization of $215.45 million and a price-to-earnings ratio of 21.7092. Commerce Union Bancshares has a 1-year low of $19.00 and a 1-year high of $26.20.
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Commerce Union Bancshares Company Profile
Commerce Union Bancshares, Inc serves as the bank holding company for Reliant Bank. The Company has two segments: Retail Banking and Residential Mortgage Banking. Retail Banking provides deposit and lending services to consumer and business customers within its primary geographic markets. Its customers are serviced through branch locations, automated teller machines (ATMs), online banking and mobile banking.
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