In a report released today, Tyler Stafford from Stephens maintained a Buy rating on Ameris Bancorp (ABCB), with a price target of $58. The company’s shares closed on Friday at $34.02, close to its 52-week low of $33.93.
According to TipRanks.com, Stafford is a 3-star analyst with an average return of 1.5% and a 46.8% success rate. Stafford covers the Financial sector, focusing on stocks such as Capstar Financial Holdings Inc, Carolina Financial Corporation, and Pacific Premier Bancorp Inc.
Currently, the analyst consensus on Ameris Bancorp is a Moderate Buy with an average price target of $51.38.
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The company has a one-year high of $59.05 and a one-year low of $33.93. Currently, Ameris Bancorp has an average volume of 316.6K.
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Ameris Bancorp is a bank holding company, which through the subsidiary, Ameris Bank, engages in the provision of banking services to its retail and commercial customers. It operates through the following business segments: Banking, Retail Mortgage, Warehouse Lending, the SBA and Premium Finance.
