Guaranty Bancorp was Downgraded to a Hold Rating at D.A. Davidson

D.A. Davidson analyst Jeff Rulis downgraded Guaranty Bancorp (NASDAQ: GBNK) to Hold today. The company’s shares opened today at $33.10, close to its 52-week high of $34.10.

According to TipRanks.com, Rulis is a 4-star analyst with an average return of 16.5% and a 85.7% success rate. Rulis covers the Financial sector, focusing on stocks such as Columbia Banking System, Commerce Bancshares Inc, and National Bank Holdings.

Guaranty Bancorp has an analyst consensus of Moderate Buy, with a price target consensus of $32.50.

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The company has a one-year high of $34.10 and a one-year low of $24.65. Currently, Guaranty Bancorp has an average volume of 94.64K.

Based on the recent corporate insider activity of 69 insiders, corporate insider sentiment is negative on the stock.

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Guaranty Bancorp (Colorado) is a bank holding company, which engages in the provision of financial services. Through Guaranty Bank and Trust Company, it provides financial solutions to consumers and small to medium-sized businesses. Its services include loans and depository services, management solutions, and trust and investment management services.