A statement released earlier today by Zacks Investment Research about Bank of Marin Bancorp (NASDAQ:BMRC) ups the target price to $56.00
- Updated: September 26, 2016
Bank of Marin Bancorp (NASDAQ:BMRC) had its target price raised to $56.00 by Zacks Investment Research in a report released 9/26/2016. The new target price indicates a possible upside of 0.12% based on the company's last closing price.
On Tuesday January 26, 2016, KBW released a statement about Bank of Marin Bancorp (NASDAQ:BMRC) increased the target price from $51.00 to $52.00 that indicated a possible downside of -0.03%.
Having a price of $49.82, Bank of Marin Bancorp (NASDAQ:BMRC) traded 0.12% higher on the day. The last closing price is up 0.83% from the 200-day moving average, compared to the S&P 500 Index which has decreased -0.01% over the same time period. BMRC has recorded a 50-day average of $49.41 and a two hundred day average of $49.41. 5,065 shares of Bank of Marin Bancorp exchanged hands, down from an average trading volume of 8,183
With a total market value of $0, Bank of Marin Bancorp has PE ratio of 15.01 with a 52 week low of $45.65 and a 52 week high of $56.77 .
General Information About Bank of Marin Bancorp (NASDAQ:BMRC)
Bank of Marin Bancorp (Bancorp) is the holding company for Bank of Marin (the Bank). The Company's customer base is made up of business and personal banking relationships from the communities near the branch office locations. Its business banking focus is on small to medium-sized businesses, professionals and not-for-profit organizations. The Company operates through approximately 20 offices in Marin, Sonoma, San Francisco, Napa and Alameda counties, with a focus on supporting the local communities. It makes international banking services available to its customers indirectly through other financial institutions, with whom it has correspondent banking relationships. It offers a range of commercial and retail deposit and lending programs. Its lending categories include commercial real estate loans, commercial and industrial loans, construction financing, consumer loans and home equity lines of credit. It also offers Wealth Management and Trust Services (WMTS).
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.