In a report released yesterday, Kelly Motta from KBW maintained a Hold rating on Glacier Bancorp (GBCI – Research Report), with a price target of $47.00. The company’s shares closed yesterday at $35.10.
According to TipRanks, Motta is a 3-star analyst with an average return of 5.8% and a 48.28% success rate. Motta covers the Financial sector, focusing on stocks such as Banc of California, Glacier Bancorp, and Washington Federal.
Currently, the analyst consensus on Glacier Bancorp is a Hold with an average price target of $41.00.
GBCI market cap is currently $3.95B and has a P/E ratio of 17.32.
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Glacier Bancorp (GBCI) Company Description:
Glacier Bancorp, Inc. is a bank holding company, which engages in the provision of commercial banking services. It operates through the following segments: Residential Real Estate, Commercial, and Consumer and Other Loans. It offers retail banking, business banking, real estate, commercial, agriculture and consumer loans and mortgage origination services. The company was founded in 1990 and is headquartered in Kalispell, MT.
Read More on GBCI:
- Glacier Bancorp Issues Non-Binding Informational Press Release
- Glacier Bancorp, Inc. Receives Regulatory Approval for Acquisition of Six Montana Branches From HTLF Bank
- Glacier Bancorp (GBCI) Q1 Earnings Cheat Sheet
- Glacier Bancorp, Inc. Announces First Quarter Earnings Release and Conference Call
- Glacier Bancorp price target lowered to $42 from $45 at Truist
