United Community Banks (NASDAQ: UCBI) was upgraded by research analysts at Raymond James from a “market perform” rating to an “outperform” rating in a report released on Monday, AnalystRatings.Net reports.
Separately, analysts at Keefe, Bruyette & Woods upgraded shares of United Community Banks from a “market perform” rating to an “outperform” rating in a research note to investors on Friday, April 26th. They now have a $13.00 price target on the stock, up previously from $12.00.
United Community Banks (NASDAQ: UCBI) opened at 11.93 on Monday. United Community Banks has a 1-year low of $6.12 and a 1-year high of $11.57. The stock’s 50-day moving average is currently $10.91. The company has a market cap of $689.2 million and a price-to-earnings ratio of 31.56.
United Community Banks (NASDAQ: UCBI) last posted its quarterly earnings results on Thursday, April 25th. The company reported $0.15 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.17 by $0.02. During the same quarter in the prior year, the company posted $0.15 earnings per share. Analysts expect that United Community Banks will post $0.64 EPS for the current fiscal year.
United Community Banks, Inc. (NASDAQ: UCBI) is a bank holding company.