National Commerce Corp (NASDAQ:NCOM) target bumped up to $30.00, released a ratings update earlier today by Zacks Investment Research
- Updated: September 27, 2016
Boasting a price of $26.47, National Commerce Corp (NASDAQ:NCOM) traded 0.65% higher on the day. With the last stock price close up 7.87% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. National Commerce Corp has recorded a 50-day average of $26.99 and a two hundred day average of $24.54. Volume of trade was up over the average, with 41,636 shares of NCOM changing hands over the typical 30,912
Zacks Investment Research bumped up the target of National Commerce Corp (NASDAQ:NCOM) to $30.00 stating a potential upside of 0.13%.
With a total market value of $0, National Commerce Corp has price-earnings ratio of 20.60 with a one year low of $20.50 and a one year high of $28.74 .
A total of 4 equity analysts have released a ratings update on NCOM. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $27.00.
Brief Synopsis About National Commerce Corp (NASDAQ:NCOM)
National Commerce Corporation (NCC) is a financial holding company. The Company is engaged in the business of banking through its banking subsidiary, National Bank of Commerce (the Bank). The Company, through the Bank, provides a range of financial services to businesses, business owners and professionals. The Bank's loan portfolio includes construction, land development and other land loans; loans secured by farmland; loans secured by one- to four-family residential properties; loans secured by multifamily residential properties; loans secured by nonfarm nonresidential properties; loans secured by real estate; commercial and industrial loans; consumer loans, and other loans. The Bank's investment securities available-for-sale include the United States treasury securities, securities issued by states and political subdivisions, residential mortgage pass-through securities and investment in mutual funds and other equity securities. The Bank's primary sources of funds are deposits.
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