Zacks Investment Research downgraded NBT Bancorp Inc. (NASDAQ:NBTB) to Hold in a report released today.
- Updated: September 27, 2016
Yesterday NBT Bancorp Inc. (NASDAQ:NBTB) traded 0.87% higher at $32.39. The company’s 50-day moving average is $31.90 and its 200-day moving average is $29.22. The last stock close price is up 10.85% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 77,655 shares of the stock were exchanged, down from an average trading volume of 93,939
Zacks Investment Research has downgraded NBT Bancorp Inc. (NASDAQ:NBTB) to Hold in a report released on 9/28/2016.
Previously on 08/03/2015, Keefe Bruyette & Woods reported about NBT Bancorp Inc. (NASDAQ:NBTB) raised the target price from $25.00 to $26.00. At the time, this indicated a possible downside of -0.04%.
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NBT Bancorp Inc. has a 52 week low of $23.81 and a 52 week high of $33.04 with a P/E ratio of 18.30 The company’s market cap is currently $0.
About NBT Bancorp Inc. (NASDAQ:NBTB)
NBT Bancorp Inc. is a financial holding company. The Company conducts its business through NBT Bank, National Association (the Bank) and other subsidiaries, which provide commercial banking and financial services to customers in its market area, including central and upstate New York, northeastern Pennsylvania, southern New Hampshire, western Massachusetts, Vermont and Portland, Maine area. The Bank It offers deposit products, such as demand deposit accounts, negotiable order of withdrawal accounts, money market deposit accounts and certificate of deposit accounts. It offers loan products, such as consumer loans, home equity loans, mortgages and commercial loans. The Bank offers other products and services, such as trust and investment services, and financial planning and life insurance services through its branch network. The Company also provides retirement plan administration and insurance agency services.
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