Ameris Bancorp (NASDAQ:ABCB) gets upgraded to Buy by Sandler O’Neill

Analyst Ratings For Ameris Bancorp (NASDAQ:ABCB)

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Today, Ameris Bancorp (NASDAQ:ABCB) stock received an upgrade by Sandler O’Neill from Hold to Buy.

There are 5 Buy Ratings, 1 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Ameris Bancorp (NASDAQ:ABCB) is Buy with a consensus target price of $56.20 per share, a potential 72.08% upside.

Some recent analyst ratings include

  • 12/19/2018-Ameris Bancorp (NASDAQ:ABCB) gets upgraded to Buy by Sandler O’Neill
  • 12/19/2018-Ameris Bancorp (NASDAQ:ABCB) gets upgraded to Outperform by FIG Partners
  • 12/18/2018-Ameris Bancorp (NASDAQ:ABCB) gets upgraded to Overweight by Piper Jaffray Companies with a price target of $48.00
  • 7/27/2018-Ameris Bancorp (NASDAQ:ABCB) had its Buy rating reiterated by Keefe, Bruyette & Woods with a $61.00 price target
  • 6/26/2018-Ameris Bancorp (NASDAQ:ABCB) gets downgraded to Hold by SunTrust Banks with a price target of $60.00

    About Ameris Bancorp (NASDAQ:ABCB)
    Ameris Bancorp operates as the holding company for Ameris Bank that provides banking services to retail and commercial customers primarily in Georgia, Alabama, Florida, and South Carolina. The company operates through five segments: Banking Division, Retail Mortgage Division, Warehouse Lending Division, Small Business Administration Division, and Premium Finance Division. It offers commercial and retail checking accounts, regular interest-bearing savings accounts, money market accounts, individual retirement accounts, and certificates of deposit. The company also provides commercial real estate, residential real estate mortgage, agricultural, and commercial and industrial loans; consumer loans, including motor vehicle, home improvement, and home equity loans, as well as loans secured by savings accounts and small unsecured personal credit lines; and municipal and commercial insurance premium finance loans. It operates 97 domestic banking offices and 13 loan production offices. Ameris Bancorp was founded in 1971 and is headquartered in Moultrie, Georgia.

    Recent Trading Activity for Ameris Bancorp (NASDAQ:ABCB)
    Shares of Ameris Bancorp closed the previous trading session at 32.62 up +0.46 1.43% with shares trading hands.

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