Bryn Mawr Bank Corp. (NASDAQ:BMTC) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 17, 2016
Zacks Investment Research has upgraded Bryn Mawr Bank Corp.(NASDAQ:BMTC) to Hold in a statement released on 8/19/2016.
Previously on 7/25/2016, KBW reported on Bryn Mawr Bank Corp.(NASDAQ:BMTC) bumped the target price from $32.00 to $33.00. At the time, this indicated a possible upside of 0.11%.
Yesterday Bryn Mawr Bank Corp. (NASDAQ:BMTC) traded 0.67% lower at $31.06. Bryn Mawr Bank Corp.’s 50-day average is $30.91 and its 200-day moving average is $28.48. With the last stock price up 9.73% relative to the 200-day average, compared to the S&P 500 which has decreased -0.01% over the same time. 106,725 shares of the stock traded, up from ann avg. volume of 44,912.
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Bryn Mawr Bank Corp. has a one-year low of $23.92 and a 52 week high of $32.50 with a price-earnings ratio of 30 and has a market capitalization of $0.0.
A total of 2 brokerages have released a report on the company. Zero rate the stock a strong buy, two analysts rate the company a buy, one analyst rate the company a hold, 0 rate the company to underperform, and finally 0 firmsrate the company as sell with a consensus target price of $32.00
General Company Details For 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, and five wealth offices and a full-service insurance agency.
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