Ameris Bancorp (NASDAQ:ABCB) gets upgraded to Overweight by Piper Jaffray Companies with a price target of $48.00

ME Staff
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Analyst Ratings For Ameris Bancorp (NASDAQ:ABCB)

Today, Ameris Bancorp (NASDAQ:ABCB) stock received an upgrade by Piper Jaffray Companies from Neutral to Overweight with a price target of $48.00.

There are 3 Buy Ratings, 2 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 73.62% upside.

Some recent analyst ratings include

  • 12/18/2018-Ameris Bancorp (NASDAQ:ABCB) gets upgraded to Overweight by Piper Jaffray Companies with a price target of $48.00
  • 7/30/2018-Ameris Bancorp (NASDAQ:ABCB) had its Hold rating reiterated by Sandler O’Neill with a $54.00 price target
  • 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
  • 12/20/2016-Ameris Bancorp (NASDAQ:ABCB) gets downgraded to Market Perform by FIG Partners
  • On 8/24/2018 Elizabeth A Mccague, Director, bought 1,000 with an average share price of $50.05 per share and the total transaction amounting to $50,050.00.
  • On 8/2/2018 Leo J Hill, Director, bought 2,000 with an average share price of $48.38 per share and the total transaction amounting to $96,760.00.
  • On 5/21/2018 Robert Dale Ezzell, Director, sold 6,800 with an average share price of $56.60 per share and the total transaction amounting to $384,880.00.
  • On 3/12/2018 Edwin W Hortman Jr, Insider, sold 10,000 with an average share price of $57.49 per share and the total transaction amounting to $574,900.00.
  • On 3/7/2018 Edwin W Hortman Jr, Insider, sold 20,336 with an average share price of $56.41 per share and the total transaction amounting to $1,147,153.76.
  • On 2/28/2018 Edwin W Hortman Jr, CEO, sold 10,000 with an average share price of $53.58 per share and the total transaction amounting to $535,800.00.
  • On 2/14/2018 Lawton E Bassett III, President, sold 823 with an average share price of $53.15 per share and the total transaction amounting to $43,742.45.

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 32,41 up +1,23 3,94 % with 32.44 shares trading hands.