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Sunshine Bancorp (NDAQ:SBCP) target price raised to $21.00, reported today by Sandler O'Neill

Sunshine Bancorp (NDAQ:SBCP) had its target price raised to $21.00 by Sandler O'Neill in a report released 3/20/2017. The new target price indicates a possible downside of -0.01% based on the company's last stock close price.

Yesterday Sunshine Bancorp (NDAQ:SBCP) traded -0.45% lower at $21.12. The company’s 50-day moving average is $18.81 and its 200-day moving average is $16.53. The last stock close price is up 20.07% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 73,147 shares of the stock were exchanged, up from an average trading volume of 17,293

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Sunshine Bancorp (NDAQ:SBCP)

Sunshine Bancorp has a 52 week low of $13.85 and a 52 week high of $20.50 The company’s market cap is currently $0.

About Sunshine Bancorp (NDAQ:SBCP)

Sunshine Bancorp, Inc. (Sunshine Bancorp) is a savings and loan holding company for Sunshine Bank (the Bank). The Bank is a federal stock savings bank. The Bank's principal business consists of attracting retail deposits from the general public in its market area and investing those deposits, together with funds generated from operations, in commercial real estate loans, commercial business loans, and to a lesser extent, multi-family real estate, land and construction and consumer loans. The Bank offers online banking services and remote deposit capture. It offers commercial term loans, lines of credit, agricultural production, equipment financing and revolving lines of credit. The Bank offers a range of deposit accounts, including noninterest-bearing demand accounts, interest-bearing demand accounts, money market accounts, savings accounts and time deposits.

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