Today KBW Keeps a Hold Rating on Green Bancorp (NASDAQ:GNBC) and a $27.0 Target Price

April 17, 2018 - By Jimmy Baldridge

Green Bancorp, Inc. (NASDAQ:GNBC) Logo

Green Bancorp (NASDAQ:GNBC) Rating Reaffirmed

In a research note issued to clients on Thursday, 21 December, The Hold rating of Green Bancorp (NASDAQ:GNBC) shares was reiterated at KBW, who now has a $27.0 target price per share on the stock. KBW’s target price per share gives a possible upside of 17.65 % from the previous stock close of the company.

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 of Green Bancorp, Inc. (NASDAQ:GNBC) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, December 21. SunTrust maintained it with “Hold” rating and $23.0 target in Thursday, October 26 report. The firm earned “Buy” rating on Friday, January 26 by Sandler O’Neill. The firm has “Hold” rating by SunTrust given on Monday, January 8. Hovde Group maintained Green Bancorp, Inc. (NASDAQ:GNBC) rating on Friday, January 26. Hovde Group has “Buy” rating and $27.0 target. The firm has “Buy” rating by Piper Jaffray given on Sunday, January 28. The firm has “Hold” rating given on Monday, February 26 by Keefe Bruyette & Woods.

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 earnings per share, 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 earnings per share 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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