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United Community Banks, Inc. (NASDAQ:UCBI) has been downgraded to Hold in a report by Zacks Investment Research today.

Zacks Investment Research has downgraded United Community Banks, Inc. (NASDAQ:UCBI) to Hold in a report released on Thursday December 01, 2016.

Previously on 11/30/2016, Zacks Investment Research released a statement about United Community Banks, Inc. (NASDAQ:UCBI) increased the target price from $0.00 to $30.00. At the time, this indicated a possible upside of 0.10%.

Just yesterday United Community Banks, Inc. (NASDAQ:UCBI) traded 1.25% higher at $27.25. United Community Banks, Inc.’s 50-day moving average is $23.03 and its 200-day moving average is $20.55. The last stock price is up 33.89% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 476,558 shares of UCBI traded hands, up from an average trading volume of 436,358

Recent Performance Chart

United Community Banks, Inc. (NASDAQ:UCBI)

United Community Banks, Inc. has 52 week low of $15.74 and a 52 week high of $27.59 with a PE ratio of 21.64 and has a market capitalization of $0.

Brief Synopsis On United Community Banks, Inc. (NASDAQ:UCBI)

United Community Banks, Inc. is a bank holding company. The Company's principal business is conducted by its subsidiary, United Community Bank (the Bank). The Bank is a chartered commercial bank that serves markets throughout north Georgia, coastal Georgia, the Atlanta-Sandy Springs-Roswell, Georgia and Gainesville, Georgia metropolitan statistical areas, western North Carolina, upstate South Carolina and east Tennessee. The Bank provides a full range of banking services. The Bank, through its full-service retail mortgage lending division, United Community Mortgage Services (UCMS), is approved as a seller/servicer for the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), and provides fixed and adjustable-rate home mortgages. The Bank owns an insurance agency, United Community Insurance Services, Inc. (UCIS), known as United Community Advisory Services, which is a subsidiary of the Bank.

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