Bryn Mawr Bank Corp. (NASDAQ:BMTC) has been upgraded to Hold in a report by Zacks Investment Research today.
- Updated: September 21, 2016
Zacks Investment Research has upgraded Bryn Mawr Bank Corp. (NASDAQ:BMTC) to Hold in a statement released on 09/21/2016.
Boasting a price of $31.50, Bryn Mawr Bank Corp. (NASDAQ:BMTC) traded 0.29% higher on the day. With the last close up 9.70% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $31.24 and a 200-day moving average of $28.72. 28,251 shares of the stock were exchanged, down from an avg. volume of 42,577
Recent Performance Chart
Bryn Mawr Bank Corp. has P/E ratio of 29.89 with a 52 week low of $23.92 and a one year high of $32.50 and has a total market value of $0.
A total of 2 equity analysts have released a ratings update on Bryn Mawr Bank Corp.. zero firms rating the stock a strong buy, 2 brokerages rating the stock a buy, 1 broker rating the stock a hold, zero analysts rating the company a underperform, and finally 0 equity analysts rating the company a sell with a one year target of $32.00.
Brief Synopsis About Bryn Mawr Bank Corp. (NASDAQ:BMTC)
Bryn Mawr Bank Corporation is a holding company for The Bryn Mawr Trust Company (the Bank). The Company offers a range of personal and business banking services, consumer and commercial loans, equipment leasing, mortgages, insurance, and wealth management services, including investment management, trust and estate administration, retirement planning, custody services, and tax planning and preparation. The Company operates through two segments: Wealth Management and Banking. The Company's Wealth Management segment offers various services, including trust administration, custody, investment management and advisory services, employee benefits, estate settlement, tax services and brokerage. Its Banking segment consists of commercial and retail banking. The Company operates through a network of approximately 30 full-service branches, eight limited-hour retirement community branches, five wealth offices and a full-service insurance agency.
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