Glacier Bancorp (GBCI) Receives a Hold from Stephens

By Jason Carr

Stephens analyst Gordon McGuire assigned a Hold rating to Glacier Bancorp (GBCIResearch Report) yesterday and set a price target of $40.00. The company’s shares closed last Monday at $39.47.

According to TipRanks.com, McGuire is a 2-star analyst with an average return of 0.0% and a 25.0% success rate. McGuire covers the Financial sector, focusing on stocks such as First Interstate Bancsystem, First Western Financial Inc, and Columbia Banking System.

Currently, the analyst consensus on Glacier Bancorp is a Moderate Buy with an average price target of $40.33.

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The company has a one-year high of $47.33 and a one-year low of $36.57. Currently, Glacier Bancorp has an average volume of 327.1K.

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Glacier Bancorp, Inc. is a bank holding company, which engages in the provision of commercial banking services. It operates through the following segments: Residential Real Estate, Commercial, and Other Loans. It offers retail banking; business banking; real estate, commercial, agriculture & consumer loans and mortgage origination services.