Stonegate Bank (NASDAQ:SGBK) has been upgraded to Hold in a report by Zacks Investment Research today.
- Updated: September 28, 2016
Zacks Investment Research has upgraded Stonegate Bank (NASDAQ:SGBK) to Hold in a report released on Wednesday September 28, 2016.
Previously on 9/21/2016, Hovde Group reported about Stonegate Bank (NASDAQ:SGBK) raised the target price from $36.00 to $37.00. At the time, this indicated a possible upside of 0.10%.
Yesterday Stonegate Bank (NASDAQ:SGBK) traded 0.21% higher at $33.65. The company’s 50-day moving average is $32.59 and its 200-day moving average is $31.53. The last stock close price is up 6.59% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 9,629 shares of the stock were exchanged, down from an average trading volume of 38,705
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Stonegate Bank has a 52 week low of $28.21 and a 52 week high of $34.00 with a P/E ratio of 16.01 The company’s market cap is currently $0.
General Information About Stonegate Bank (NASDAQ:SGBK)
Stonegate Bank provides a range of business and consumer financial services. The Bank also provides a range of banking services to individual and corporate customers. The Bank provides personal banking, business banking and wealth management services. Its personal banking products include checking, money market, savings, certificates of deposit, individual retirement accounts (IRAs), consumer loans and residential mortgage loans. Its business banking products include checking, money market, savings, certificates of deposit, commercial loans, cash management, merchant credit card processing, professional associations and non-profit organizations. Its wealth management offers asset management, trust services, estate planning, insurance planning and retirement planning for business owners. The Bank offers contemporary products and services, such as debit cards, Internet banking and electronic bill payment services.
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