In a report released today, Blair Brantley from Brean Capital reiterated a Hold rating on Towne Bank (TOWN). The company’s shares opened today at $25.18.
According to TipRanks.com, Brantley ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -4.0% and a 27.6% success rate. Brantley covers the Financial sector, focusing on stocks such as Carolina Financial Corporation, Community Bankers Trust Corp, and Patriot National Bancorp Inc.
The word on The Street in general, suggests a Hold analyst consensus rating for Towne Bank.
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The company has a one-year high of $33.85 and a one-year low of $22.88. Currently, Towne Bank has an average volume of 129.3K.
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TowneBank provides retail and commercial banking services to the individuals and small & medium size businesses. It operates through the following segments: Banking, Realty, and Insurance. The Banking segment provides loan and deposit services to retail and commercial customers.
