Atlantic Capital Bancshares Inc (NASDAQ:ACBI) has been upgraded to Hold in a report by Zacks Investment Research today.
- Updated: October 12, 2016
Zacks Investment Research has upgraded Atlantic Capital Bancshares Inc (NASDAQ:ACBI) to Hold in a report released on 10/12/2016.
Yesterday Atlantic Capital Bancshares Inc (NASDAQ:ACBI) traded 1.01% higher at $15.00. The company’s 50-day moving average is $15.15 and its 200-day moving average is $14.60. The last stock close price is up 2.76% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 588,663 shares of the stock were exchanged, up from an average trading volume of 60,160
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Atlantic Capital Bancshares Inc has a 52 week low of $11.55 and a 52 week high of $17.50 with a P/E ratio of 156.25 Atlantic Capital Bancshares Inc’s market capitalization is presently $0.
A total of 6 analysts have released a report on Atlantic Capital Bancshares Inc. One analyst rating the company a strong buy, three analysts rating the company a buy, two analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $15.50.
General Company Details For Atlantic Capital Bancshares Inc (NASDAQ:ACBI)
Atlantic Capital Bancshares, Inc. is the bank holding company for Atlantic Capital Bank (the Bank). The Bank operates as a full service, locally-managed commercial bank. The Bank provides an array of credit, treasury management and deposit products and services to growth businesses, middle market corporations, commercial real estate developers and investors, and private clients. Its wealth management division offers financial planning, trust administration, investment management, brokerage and estate planning services. It also provides selected capital markets, mortgage banking, and electronic banking services to its corporate, business and individual clients. Its private banking credit products include loans to individuals for personal and investment purposes, such as secured installment and term loans, and home equity lines of credit. Its specialty corporate financial services include payments industry banking, financial institutions banking and capital markets services.
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