Republic Bancorp, Inc. KY (NASDAQ:RBCAA) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 11, 2016
Yesterday Republic Bancorp, Inc. KY (NASDAQ:RBCAA) traded 0.19% higher at $31.22. The company’s 50-day moving average is $31.21 and its 200-day moving average is $28.71. The last stock close price is up 9.04% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 906 shares of the stock traded hands, down from an average trading volume of 16,568
Zacks Investment Research has downgraded Republic Bancorp, Inc. KY (NASDAQ:RBCAA) to Hold in a report released on Tuesday October 11, 2016.
Previously on 8/16/2016, Zacks Investment Research reported about Republic Bancorp, Inc. KY (NASDAQ:RBCAA) raised the target price from $0.00 to $36.00. At the time, this indicated a possible upside of 0.16%.
Recent Performance Chart
Republic Bancorp, Inc. KY has 52 week low of $23.00 and a 52 week high of $33.26 with a PE ratio of 16.77 and has a market capitalization of $0.
Brief Synopsis On Republic Bancorp, Inc. KY (NASDAQ:RBCAA)
Republic Bancorp, Inc. (Republic) is a financial holding company of Republic Bank & Trust Company (the Bank) and Republic Insurance Services, Inc. (the Captive). The Bank is a Kentucky-based, state chartered non-member financial institution. The Captive is an insurance subsidiary of the Company. It operates in four segments: Traditional Banking, which provides traditional banking products primarily to customers; Warehouse Lending (Warehouse), which provides short-term, revolving credit facilities to mortgage bankers across the Nation; Mortgage Banking, which originates, sells and services long-term, single family, first lien residential real estate loans, and Republic Processing Group (RPG), which facilitates the receipt and payment of federal and state tax refund products. . In addition to Internet Banking and Correspondent Lending delivery channels, the Company has approximately 44 full-service banking centers.
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