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Zacks Investment Research announced Sierra Bancorp (NASDAQ:BSRR), boosting its stock price target to $31.00 today

Just yesterday Sierra Bancorp (NASDAQ:BSRR) traded -2.15% lower at $26.79. The company’s 50-day moving average is $27.72 and its two hundred day average is $23.04. With the last stock price close up 16.28% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. Trade Volume was down over the average, with 24,677 shares of BSRR changing hands under the typical 54,762

In a report released on Monday March 20, 2017 Zacks Investment Research increased the stock price target of Sierra Bancorp (NASDAQ:BSRR) to $31.00 reporting a possible upside of 0.16%.

Recent Performance Chart

Sierra Bancorp (NASDAQ:BSRR)

Sierra Bancorp has PE ratio of 20.77 with a 52 week low of $15.60 and a 52 week high of $29.50 and has a market capitalization of $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 5 brokerages have issued a research note on the company. The average stock price target is $19.60 with 0 brokerages rating the stock a strong buy, 0 brokerages rating the stock a buy, 0 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Sierra Bancorp (NASDAQ:BSRR)

Sierra Bancorp is a bank holding company for Bank of the Sierra (the Bank). The Bank is a state-chartered bank, which offers a range of retail and commercial banking services. The Bank's products and services are related to the business of lending money and accepting deposits. The Bank operates approximately 30 branch offices, an online branch, a real estate industries group, an agricultural credit division, a Small Business Administration (SBA) lending unit and a loan production office. Its Internet branch provides the ability to open deposit accounts online; an online banking option with bill-pay and mobile banking capabilities, including mobile check deposit; a customer service center that is accessible by toll-free telephone during business hours, and an automated telephone banking system. It offers a range of other banking products and services, including remote deposit capture and automated payroll services for business customers.

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