Zacks Investment Research downgraded Access National Corporation (NASDAQ:ANCX) to Hold in a report released today.
- Updated: September 19, 2016
Zacks Investment Research has downgraded Access National Corporation(NASDAQ:ANCX) to Hold in a statement released on 9/19/2016.
Previously on 8/25/2016, Maxim Group reported about Access National Corporation(NASDAQ:ANCX) raised the target price from $0.00 to $21.50. At the time, this indicated a possible downside of -0.01%.
Showing a price of $23.70, Access National Corporation (NASDAQ:ANCX) traded 0.47% higher on the day. The last stock close is up 16.40% relative to the two hundred day moving average, compared with the S&P 500 which has fallen -0.01% over the same time period. Access National Corporation has been tracking to a 50-day average of $22.06 and two hundred day moving average of $20.36. Trade volume was was up over the average, with 23,655 shares of ANCX changing hands over the typical 16,508 shares.
Access National Corporation has a PE of 15 with a one-year low of $16.26 and a 52 week high of $23.83 and has a market capitalization of $0.0.
A total of 4 brokerages have reported on Access National Corporation. Zero rate the stock a strong buy, 0 rate the company a buy, 0 analysts rate the company a hold, 0 rate the company to underperform, and finally 0 firmsrate the stock as sell with an average target of $20.75
Brief Synopsis On Access National Corporation (NASDAQ:ANCX)
Access National Corporation is a bank holding company. The Company operates through its subsidiary, Access National Bank (the Bank). The Bank provides credit, deposit, mortgage services and wealth management services to middle market commercial businesses and associated professionals, primarily in the Washington, District of Columbia Metropolitan Area. The Bank offers a range of financial services and products, and specializes in providing customized financial services to small and medium sized businesses, professionals and associated individuals. The Company operates through three segments: traditional commercial banking, mortgage banking and wealth management. Its commercial banking segment includes loans, investment securities and deposit services. Its mortgage banking segment includes mortgage loans held for sale, and sales of loans in the secondary mortgage market and loan origination. Its wealth management segment includes portfolio asset management.
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