United Community Banks Gets a Buy Rating from SunTrust Robinson

By Carrie Williams

SunTrust Robinson analyst Jennifer Demba reiterated a Buy rating on United Community Banks (NASDAQ: UCBI) on October 9 and set a price target of $33. The company’s shares opened today at $28.53.

According to TipRanks.com, Demba is a 5-star analyst with an average return of 11.1% and a 85.0% success rate. Demba covers the Financial sector, focusing on stocks such as Seacoast Banking Corporation Of Florida, Pinnacle Financial Partners, and Atlantic Capital Bancshares.

United Community Banks has an analyst consensus of Moderate Buy, with a price target consensus of $30.90.

The company has a one-year high of $30.47 and a one-year low of $20.26. Currently, United Community Banks has an average volume of 363.1K.

Based on the recent corporate insider activity of 46 insiders, corporate insider sentiment is negative on the stock.

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United Community Banks, Inc. engages in the provision of consumer and business banking services, concentrating on individuals and small and medium-sized businesses. It offers commercial, consumer and commercial real estate loans; deposit services, including checking accounts, savings accounts, CDS health savings and IRAs, personal loans and mortgages other services, including internet banking and e-statements, electronic bill paying services and an overdraft privilege to its customers. The compnay was founded in 1987 and is headquartered in Blairsville, GA.