Green Bancorp (GNBC) Downgraded by ValuEngine to Hold
Green Bancorp (NASDAQ:GNBC) was downgraded by investment analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday.
A number of other analysts have also recently weighed in on the stock. Zacks Investment Research upgraded shares of Green Bancorp from a “hold” rating to a “buy” rating and set a $24.00 price target on the stock in a report on Monday, November 20th. SunTrust Banks reaffirmed a “hold” rating and set a $23.00 price objective on shares of Green Bancorp in a research note on Friday, October 27th. Piper Jaffray Companies reissued a “buy” rating and issued a $26.00 price target on shares of Green Bancorp in a research note on Friday, October 27th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $24.00 target price on shares of Green Bancorp in a research note on Thursday, October 26th. Finally, BidaskClub raised shares of Green Bancorp from a “hold” rating to a “buy” rating in a research note on Thursday, August 3rd. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of $24.25.
Shares of Green Bancorp (NASDAQ GNBC) remained flat at $$22.40 during trading on Friday. The stock had a trading volume of 100,764 shares, compared to its average volume of 130,301. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.94 and a current ratio of 0.95. Green Bancorp has a twelve month low of $12.55 and a twelve month high of $24.40. The company has a market capitalization of $835.09, a P/E ratio of 24.09 and a beta of 2.13.
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About Green Bancorp
Green Bancorp, Inc is a bank holding company. As of December 31, 2016, the Company’s subsidiary, Green Bank, N.A., a nationally chartered commercial bank, provided commercial and private banking services primarily to Texas based customers through 22 full service branches in the Houston and Dallas metropolitan statistical areas (MSAs) and other markets.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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