Community Trust Bancorp, Inc. (NASDAQ:CTBI) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 17, 2016
Zacks Investment Research has upgraded Community Trust Bancorp, Inc.(NASDAQ:CTBI) to Hold in a report released on 8/18/2016.
Only yesterday Community Trust Bancorp, Inc. (NASDAQ:CTBI) traded 2.53% higher at $36.53. The company’s 50-day moving average is $36.08 and its two hundred day average is $35.45. The last stock close is up 4.12% relative to the 200-day moving average, compared to the S&P 500 which has fallen -0.01% over the same period. Trade volume was was up over the average, with 85,343 shares of CTBI changing hands over the typical 29,214 shares..
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Community Trust Bancorp, Inc. has a 52 week low of $30.89 and a one-year high of $37.49 with a price-earnings ratio of 14. The company’s market capitalization is presently $0.0.
Also covering Community Trust Bancorp, Inc.’s price target, a total of 3 brokers have released a report on the company. The 12-month target is $37.67 with 0 rating the company a strong buy, one analyst rating the stock a buy, four analyts rating the stock a hold, 0 rating the stock to underperform, and lastly 0 firmsrating the stock as sell.
General Company Details For Community Trust Bancorp, Inc. (NASDAQ:CTBI)
Community Trust Bancorp, Inc. (CTBI) is a bank holding company. The Company operates in the community banking services segment. The Company owns a commercial bank and a trust company, serving small and mid-sized communities in eastern, northeastern, central and south central Kentucky; southern West Virginia, and northeastern Tennessee. The commercial bank is Community Trust Bank, Inc., Pikeville, Kentucky (CTB) and the trust company is Community Trust and Investment Company. Through its subsidiaries, CTBI engages in a range of commercial and personal banking and trust and wealth management activities, which include accepting time and demand deposits; making secured and unsecured loans to corporations, individuals and others; providing cash management services to corporate and individual customers; issuing letters of credit; renting safe deposit boxes, and providing funds transfer services. Its lending activities include making commercial, construction, and mortgage and personal loans.
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