National Commerce (NASDAQ:NCOM) was downgraded by equities researchers at BidaskClub from a “hold” rating to a “sell” rating in a research note issued to investors on Tuesday.
Other equities research analysts have also recently issued reports about the company. Zacks Investment Research upgraded National Commerce from a “hold” rating to a “buy” rating and set a $46.00 price target for the company in a research note on Wednesday, September 27th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $43.00 price target on shares of National Commerce in a research note on Thursday, October 26th. Finally, Stephens set a $41.00 price target on National Commerce and gave the company a “hold” rating in a research note on Thursday, August 17th. One equities research analyst has rated the stock with a sell rating and six have issued a hold rating to the company’s stock. National Commerce currently has an average rating of “Hold” and a consensus price target of $43.75.
Shares of National Commerce (NCOM) traded up $0.20 during mid-day trading on Tuesday, hitting $39.75. The company had a trading volume of 31,717 shares, compared to its average volume of 33,113. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $584.71 and a PE ratio of 21.86. National Commerce has a fifty-two week low of $35.00 and a fifty-two week high of $43.80.
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About National Commerce
National Commerce Corporation (NCC) is a financial holding company. The Company is engaged in the business of banking through its banking subsidiary, National Bank of Commerce (the Bank). The Company, through the Bank, provides a range of financial services to businesses, business owners and professionals.
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