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Zacks Investment Research downgraded Eagle Bancorp, Inc. (NASDAQ:EGBN) to Hold in a report released today.

Yesterday Eagle Bancorp, Inc. (NASDAQ:EGBN) traded -0.50% lower at $49.73. The company’s 50-day moving average is $50.04 and its 200-day moving average is $49.61. The last stock close price is up 0.24% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 63,954 shares of the stock were exchanged, down from an average trading volume of 98,592

Zacks Investment Research has downgraded Eagle Bancorp, Inc. (NASDAQ:EGBN) to Hold in a report released on 10/11/2016.

Previously on Tuesday September 20, 2016, Zacks Investment Research reported about Eagle Bancorp, Inc. (NASDAQ:EGBN) raised the target price from $0.00 to $56.00. At the time, this indicated a possible upside of 0.12%.

See Chart Below

Eagle Bancorp, Inc. (NASDAQ:EGBN)

Eagle Bancorp, Inc. has a 52 week low of $43.75 and a 52 week high of $55.56 with a P/E ratio of 18.63 The company’s market cap is currently $0.

About Eagle Bancorp, Inc. (NASDAQ:EGBN)

Eagle Bancorp, Inc. is a bank holding company for EagleBank (the Bank). The Bank is the Company's principal operating subsidiary. The Bank is a chartered commercial bank, which operates over 20 banking offices in Montgomery County, Maryland; District of Columbia, and Northern Virginia. The Bank offers a range of commercial banking services to its business and professional clients, as well as consumer banking services to individuals living or working in the service area. The Bank also provides commercial banking services. The Bank's loan portfolio includes traditional business and real estate secured loans. The Bank offers a range of retail banking services, cash management, online banking, mobile banking and remote deposit services. The Company maintains a portfolio of short term investments and investment securities. The Bank's sources of funds are deposits, including demand deposits, negotiable order of withdrawal accounts, money market accounts and savings accounts.

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