German American Bancorp (GABC) Rating Lowered to Sell at BidaskClub
German American Bancorp (NASDAQ:GABC) was downgraded by investment analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued to investors on Saturday.
Several other equities research analysts have also commented on the company. Zacks Investment Research lowered German American Bancorp from a “buy” rating to a “hold” rating in a research note on Wednesday, November 1st. ValuEngine lowered German American Bancorp from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Two equities research analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $39.75.
Shares of German American Bancorp (NASDAQ:GABC) opened at $35.38 on Friday. The company has a market capitalization of $811.24, a PE ratio of 22.82 and a beta of 1.11. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.88 and a current ratio of 0.88. German American Bancorp has a 12 month low of $28.71 and a 12 month high of $39.02.
ILLEGAL ACTIVITY WARNING: This news story was originally published by American Banking News and is owned by of American Banking News. If you are accessing this news story on another website, it was copied illegally and republished in violation of US and international copyright and trademark legislation. The correct version of this news story can be viewed at https://www.americanbankingnews.com/2017/12/09/german-american-bancorp-gabc-rating-lowered-to-sell-at-bidaskclub.html.
German American Bancorp Company Profile
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.
Receive News & Ratings for German American Bancorp Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for German American Bancorp Inc. and related companies with MarketBeat.com's FREE daily email newsletter.