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QCR Holdings (NASDAQ:QCRH) target bumped up to $36.00, reported today by Piper Jaffray

Having a price of $31.80, QCR Holdings (NASDAQ:QCRH) traded -1.32% lower on the day. With the last stock price close up 13.20% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. QCR Holdings has recorded a 50-day average of $31.15 and a 200-day moving average of $27.82. 16,516 shares of the stock were exchanged, down from an average trading volume of 28,432

QCR Holdings (NASDAQ:QCRH) had its target price raised to $36.00 by Piper Jaffray in an issued report announced 10/6/2016. The upped price target suggests a potential upside of 0.13% from the company's most recent close.

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With a total market value of $0, QCR Holdings has price-earnings ratio of 14.42 with a one year low of $18.05 and a one year high of $32.19 .

A total of 5 equity analysts have released a ratings update on QCR Holdings. Two brokerages rating the company a strong buy, two brokerages rating the company a buy, zero brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $27.60.

More About QCR Holdings (NASDAQ:QCRH)

QCR Holdings, Inc. is a multi-bank holding company. The Company serves the Quad Cities, Cedar Rapids, Waterloo/Cedar Falls and Rockford communities, through its banking subsidiaries, Quad City Bank and Trust Company (QCBT), Cedar Rapids Bank and Trust Company, and Rockford Bank and Trust Company, which provide commercial and consumer banking and trust and asset management services. It is also engaged in direct financing lease contracts through m2 Lease Funds, LLC (m2), a subsidiary of QCBT. It invests limited amounts of its capital in financial institutions and mutual funds. CRBT provides residential real estate mortgage lending services through its consumer banking division. The Company's principal business consists of attracting deposits and investing those deposits in loans/leases and securities. The Company and its subsidiaries provide a range of commercial and retail lending/leasing, and investment services to corporations, partnerships, individuals and government agencies.

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