United Community Banks Receives a Hold from Stephens

By Ryan Adsit

In a report released today, Tyler Stafford from Stephens reiterated a Hold rating on United Community Banks (NASDAQ: UCBI), with a price target of $30. The company’s shares opened today at $26.76.

According to TipRanks.com, Stafford is a 4-star analyst with an average return of 14.5% and a 65.2% success rate. Stafford covers the Financial sector, focusing on stocks such as Capstar Financial Holdings Inc, Carolina Financial Corporation, and Pacific Premier Bancorp Inc.

United Community Banks has an analyst consensus of Hold, with a price target consensus of $30.

United Community Banks’ market cap is currently $1.89B and has a P/E ratio of 18.80. The company has a book value ratio of 1.7203.

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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.