Green Bancorp Inc (GNBC) is Upgraded by Hovde Group to Outperform, Raises Price Target to $ 9.75

Green Bancorp Inc (GNBC) was Upgraded by Hovde Group to ” Outperform” according to the research note released today. The brokerage firm has raised the Price Target to $ 9.75 from a previous price target of $8.25 . Earlier the firm had a rating of “Market Perform ” on the company shares. Hovde Group advised their investors in a research report released on Jun 8, 2016.

Many Wall Street Analysts have commented on Green Bancorp Inc. Green Bancorp Inc was Downgraded by Sun Trust Rbsn Humphrey to ” Neutral” on Apr 29, 2016.

Green Bancorp Inc opened for trading at $8.6 and hit $8.7 on the upside on Tuesday, eventually ending the session at $8.63, with a gain of 0.94% or 0.08 points. The heightened volatility saw the trading volume jump to 22,402 shares. Company has a market cap of $316 M.

In a different news, on Mar 7, 2016, Manuel J Mehos (CEO) purchased 15,400 shares at $8.67 per share price. According to the SEC, on Feb 22, 2016, Stefanie L. Shelley (director) purchased 4,000 shares at $7.01 per share price. On Feb 11, 2016, Alan M Silberstein (director) purchased 3,600 shares at $6.90 per share price, according to the Form-4 filing with the securities and exchange commission.

Green Bancorp Inc. (the Bank) is a bank holding company. The Bank’s wholly owned subsidiary Green Bank N.A. is a nationally chartered commercial bank. Green Bank provides commercial and private banking services primarily to Texas based customers through 16 full service branches in the Houston Dallas Austin and Louisville metropolitan statistical areas (MSAs). The Bank offer a full suite of online banking solutions including access to account balances online transfers online bill payment and electronic delivery of customer statements as well as extended drive-through hours automated teller machines (ATMs) Bank at Work and banking by telephone mail and personal appointment. It also offers debit cards night depository direct deposit cashier’s and travelers checks and letters of credit as well as treasury management services wire transfer services and automated clearing house (ACH) services.

Green Bancorp Inc

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