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Hilliard Lyons upgraded German American Bancorp., Inc. (NASDAQ:GABC) to Neutral in a report released today.

Hilliard Lyons has upgraded German American Bancorp., Inc. (NASDAQ:GABC) to Neutral in a report released on Thursday May 25, 2017.

Previously on 04/28/2017, Zacks Investment Research reported about German American Bancorp., Inc. (NASDAQ:GABC) raised the target price from $0.00 to $38.00. At the time, this indicated a possible upside of 0.12%.

Yesterday German American Bancorp., Inc. (NASDAQ:GABC) traded -3.31% lower at $31.25. The company’s 50-day moving average is $36.97 and its 200-day moving average is $33.89. The last stock close price is down 6.18% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 64,844 shares of the stock were exchanged, up from an average trading volume of 44,100

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German American Bancorp., Inc. (NASDAQ:GABC)

German American Bancorp., Inc. has a 52 week low of $26.15 and a 52 week high of $39.02 with a P/E ratio of 20.79 The company’s market cap is currently $0.

In addition to Hilliard Lyons reporting its target price, a total of 6 firms have reported on the stock. The consensus target price is $33.83 with 0 firms rating the stock a strong buy, 3 firms rating the stock a buy, 3 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About German American Bancorp., Inc. (NASDAQ:GABC)

German American Bancorp, Inc. is a bank holding company. As of December 31, 2016, the Company, through its banking subsidiary German American Bancorp, operated 51 banking offices in 19 contiguous southern Indiana counties and one northern Kentucky county. Its segments are core banking, trust and investment advisory services, insurance, and other. The core banking segment involves attracting deposits from the general public and using such funds to originate consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans, primarily in its local markets. The core banking segment also involves the sale of residential mortgage loans in the secondary market. The trust and investment advisory services segment involves providing trust, investment advisory, and brokerage services to customers. The insurance segment offers a range of personal and corporate property and casualty insurance products, in its banking subsidiary's local markets.

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