KBW analyst Kelly Motta maintained a Hold rating on Glacier Bancorp (GBCI – Research Report) yesterday and set a price target of $47.00. The company’s shares closed last Friday at $36.94.
According to TipRanks, Motta is a 3-star analyst with an average return of 6.8% and a 58.62% success rate. Motta covers the Financial sector, focusing on stocks such as Banc of California, Glacier Bancorp, and Washington Federal.
In addition to KBW, Glacier Bancorp also received a Hold from Piper Sandler’s Matthew Clark in a report issued on April 19. However, on the same day, D.A. Davidson maintained a Buy rating on Glacier Bancorp (NYSE: GBCI).
GBCI market cap is currently $4.19B and has a P/E ratio of 21.13.
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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 reports Q1 EPS 29c, consensus 33c
- 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
