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Zacks Investment Research upgraded Stonegate Bank (NASDAQ:SGBK) to Hold in a report released today.

Zacks Investment Research has upgraded Stonegate Bank(NASDAQ:SGBK) to Hold in a statement released on Saturday August 20 2016.

On 10/27/2015, KBW reported about Stonegate Bank(NASDAQ:SGBK) upped the target price from $34.00 to $35.00. At the time, this suggested an upside of 0.09%.

Just yesterday Stonegate Bank (NASDAQ:SGBK) traded 1.03% higher at $32.01. SGBK’s 50-day average is $32.06 and its 200-day moving average is $31.26. The last close is up 6.93% from the 200-day average, compared to the S&P 500 which has decreased -0.01% over the date range. Trade volume was was up over the average, with 111,341 shares of SGBK changing hands over the typical 42,434 shares..

See Chart Below:

Stonegate Bank (NASDAQ:SGBK)

With a market cap of $0.0, Stonegate Bank has a price-earnings of 16 with a one-year low of $28.21 and a 52 week high of $34.00.

About Stonegate Bank (NASDAQ:SGBK)

Stonegate Bank provides a range of business and consumer financial services. The Bank also provides a range of banking services to individual and corporate customers. The Bank provides personal banking, business banking and wealth management services. Its personal banking products include checking, money market, savings, certificates of deposit, individual retirement accounts (IRAs), consumer loans and residential mortgage loans. Its business banking products include checking, money market, savings, certificates of deposit, commercial loans, cash management, merchant credit card processing, professional associations and non-profit organizations. Its wealth management offers asset management, trust services, estate planning, insurance planning and retirement planning for business owners. The Bank offers contemporary products and services, such as debit cards, and Internet banking and electronic bill payment services.

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