Green Bancorp (NASDAQ:GNBC): KBW Keeps “Hold” Rating Today, Has a Target of $27.0/Share

April 17, 2018 - By Adrian Erickson

Green Bancorp, Inc. (NASDAQ:GNBC) Logo

Green Bancorp (NASDAQ:GNBC) Rating Reaffirmed

KBW now has a $27.0 PT on the $854.54M market cap company or 17.65 % upside potential. In an analyst report issued to clients and investors on Thursday, 21 December, Green Bancorp (NASDAQ:GNBC) shares have had their “Hold” Rating kept by professional analysts at KBW.

Green Bancorp, Inc. (NASDAQ:GNBC) Ratings Coverage

Among 5 analysts covering Green Bancorp (NASDAQ:GNBC), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Green Bancorp has $28.0 highest and $23.0 lowest target. $26.60’s average target is 15.90% above currents $22.95 stock price. Green Bancorp had 7 analyst reports since October 26, 2017 according to SRatingsIntel. The stock has “Hold” rating by SunTrust on Monday, January 8. The rating was maintained by Sandler O’Neill on Friday, January 26 with “Buy”. SunTrust maintained it with “Hold” rating and $23.0 target in Thursday, October 26 report. Keefe Bruyette & Woods maintained Green Bancorp, Inc. (NASDAQ:GNBC) rating on Monday, February 26. Keefe Bruyette & Woods has “Hold” rating and $28.0 target. The rating was maintained by Hovde Group with “Buy” on Friday, January 26. The firm has “Hold” rating given on Thursday, December 21 by Keefe Bruyette & Woods. The stock has “Buy” rating by Piper Jaffray on Sunday, January 28.

The stock increased 0.22% or $0.05 during the last trading session, reaching $22.95. About 50,018 shares traded. Green Bancorp, Inc. (NASDAQ:GNBC) has risen 27.25% since April 17, 2017 and is uptrending. It has outperformed by 15.70% the S&P500.

Analysts await Green Bancorp, Inc. (NASDAQ:GNBC) to report earnings on April, 26. They expect $0.39 EPS, up 105.26 % or $0.20 from last year’s $0.19 per share. GNBC’s profit will be $14.52M for 14.71 P/E if the $0.39 EPS becomes a reality. After $0.35 actual EPS reported by Green Bancorp, Inc. for the previous quarter, Wall Street now forecasts 11.43 % EPS growth.

Green Bancorp, Inc. operates as the holding firm for Green Bank, N.A. that provides commercial and private banking services primarily in Texas. The company has market cap of $854.54 million. It offers deposit accounts, such as demand, savings, money market, and time accounts. It has a 24.95 P/E ratio. The firm also provides loans, including commercial lines of credit, working capital loans, commercial real estate-backed loans, mortgage-warehouse lines, reserve energy loans, term loans, equipment financing, borrowing base loans, real estate construction loans, homebuilder loans, government guaranteed loans, purchased receivables financing, and letters of credit, as well as acquisition, expansion, and development loans to national and regional companies, gas and oil producers, real estate developers, mortgage lenders, manufacturing and industrial companies, and other businesses.

Green Bancorp, Inc. (NASDAQ:GNBC) Ratings Chart

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