United Community Banks, Inc. (NASDAQ:UCBI) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 2, 2016
Zacks Investment Research has downgraded United Community Banks, Inc. (NASDAQ:UCBI) to Hold in a statement released on 9/28/2016.
On 6/23/2015, Keefe Bruyette & Woods released a statement about United Community Banks, Inc. (NASDAQ:UCBI) upped the target price from $0.00 to $6.00 that suggested a downside of -0.71%.
Having a price of $20.59, United Community Banks, Inc. (NASDAQ:UCBI) traded 2.19% higher on the day. With the last stock price up 7.96% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. UCBI has recorded a 50-day average of $20.49 and a two hundred day average of $19.47. Trade Volume was up over the average, with 449,827 shares of UCBI changing hands over the typical 379,492
Recent Performance Chart
United Community Banks, Inc. has PE ratio of 17.78 with a one year low of $15.74 and a one year high of $22.23 and has a market capitalization of $0.
General Company Details For 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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