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Zacks Investment Research upgraded Atlantic Capital Bancshares Inc (NASDAQ:ACBI) to Hold in a statement released earlier today.

Showing a price of $15.00, Atlantic Capital Bancshares Inc (NASDAQ:ACBI) traded -0.40% lower on the day. With the last stock price close up 3.72% from the two hundred day average, compared to the S&P 500 which has decreased -0.01% over the date range. Atlantic Capital Bancshares Inc has recorded a 50-day moving average of $15.29 and a 200-day moving average of $14.46. Trade Volume was down over the average, with 33,710 shares of ACBI changing hands under the typical 106,122

Zacks Investment Research has upgraded Atlantic Capital Bancshares Inc (NASDAQ:ACBI) to Hold in a statement released on 9/23/2016.

Performance Chart

Atlantic Capital Bancshares Inc (NASDAQ:ACBI)

With a total market value of $0, Atlantic Capital Bancshares Inc has 52 week low of $11.55 and a 52 week high of $17.50 with a PE ratio of 156.25 .

In addition to Zacks Investment Research reporting its target price, a total of 6 firms have issued a research note on the company. The average stock price target is $15.50 with one brokerage rating the company a strong buy, three analysts rating the company a buy, two firms rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokers rating the company a sell.

More About Atlantic Capital Bancshares Inc (NASDAQ:ACBI)

Atlantic Capital Bancshares, Inc. is the bank holding company for Atlantic Capital Bank (the Bank). The Bank operates as a full service, locally-managed commercial bank. The Bank provides an array of credit, treasury management and deposit products and services to growth businesses, middle market corporations, commercial real estate developers and investors, and private clients. Its wealth management division offers financial planning, trust administration, investment management, brokerage and estate planning services. It also provides selected capital markets, mortgage banking, and electronic banking services to its corporate, business and individual clients. Its private banking credit products include loans to individuals for personal and investment purposes, such as secured installment and term loans, and home equity lines of credit. Its specialty corporate financial services include payments industry banking, financial institutions banking and capital markets services.

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