Raymond James Keeps a Hold Rating on German American Bancorp (GABC)


Raymond James analyst David Long maintained a Hold rating on German American Bancorp (GABC) today. The company’s shares closed last Tuesday at $34.11, close to its 52-week high of $36.17.

According to TipRanks.com, Long has 0 stars on 0-5 stars ranking scale with an average return of -2.7% and a 32.6% success rate. Long covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Enterprise Financial Services, and Old National Bancorp Capital.

The the analyst consensus on German American Bancorp is currently a Hold rating.

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The company has a one-year high of $36.17 and a one-year low of $23.54. Currently, German American Bancorp has an average volume of 48.83K.

Based on the recent corporate insider activity of 124 insiders, corporate insider sentiment is neutral on the stock.

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German American Bancorp, Inc. is a holding company, which engages in owning a trust, brokerage, and financial planning through German American Financial Advisors & Trust Co., and German American Insurance, Inc. It operates through the following business segments: Core Banking; Trust and Investment Advisory Services; Insurance Operations; and Other. The Core Banking segment involves attracting deposits from the general public and using such funds to originate consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans, primarily in the local market of the company. The Trust and Investment Advisory Service segment provides trust, investment advisory, and brokerage services to customers. The Insurance Operations segment offers a full range of personal and corporate property and casualty insurance products, primarily in the local market of the subsidiary of the company. The Other segment refers to the primary differences between segment amounts and consolidated totals. The company was founded in 1982 and is headquartered in Jasper, IN.

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