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Zacks Investment Research downgraded Chemical Financial Corporation (NASDAQ:CHFC) to Hold in a report released today.

Zacks Investment Research has downgraded Chemical Financial Corporation (NASDAQ:CHFC) to Hold in a report released on 9/27/2016.

Yesterday Chemical Financial Corporation (NASDAQ:CHFC) traded 1.49% higher at $44.35. The company’s 50-day moving average is $44.73 and its 200-day moving average is $39.70. The last stock close price is up 11.70% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 375,212 shares of the stock were exchanged, down from an average trading volume of 548,270

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Chemical Financial Corporation (NASDAQ:CHFC)

Chemical Financial Corporation has a 52 week low of $29.40 and a 52 week high of $47.62 with a P/E ratio of 17.28 The company’s market cap is currently $0.

About Chemical Financial Corporation (NASDAQ:CHFC)

Chemical Financial Corporation is a financial holding company. The Company operates in the commercial banking segment. The Company, through its subsidiary bank, Chemical Bank, offers banking and fiduciary products and services. Its products and services include business and personal checking accounts, savings and individual retirement accounts, time deposit instruments, electronically accessed banking products, residential and commercial real estate financing, commercial lending, consumer financing, debit cards, access to insurance and investment products, corporate and personal wealth management services, and other banking services. It operates through an organizational structure of over four regional banking units. The Chemical Bank serves the markets through over 185 banking offices located in over 50 counties across Michigan's Lower Peninsula. In addition to its banking offices, Chemical Bank operates over three loan production offices and over 200 automated teller machines.

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