Stonegate Bank (SGBK) is Reiterated by Hovde Group to Outperform, Raises Price Target to $ 37

Stonegate Bank (SGBK) was Reiterated by Hovde Group to “Outperform” according to the research note released today. The brokerage firm has raised the Price Target to $ 37 from a previous price target of $36 . Hovde Group advised their investors in a research report released on Sep 21, 2016.

Stonegate Bank closed down -0.1 points or -0.30% at $33.5 with 24,234 shares getting traded on Tuesday. Post opening the session at $33.59, the shares hit an intraday low of $33.5 and an intraday high of $33.85 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.

Stonegate Bank provides a range of business and consumer financial services. The Bank also provides a range of banking services to individual and corporate customers. The Bank provides personal banking business banking and wealth management services. Its personal banking products include checking money market savings certificates of deposit individual retirement accounts (IRAs) consumer loans and residential mortgage loans. Its business banking products include checking money market savings certificates of deposit commercial loans cash management merchant credit card processing professional associations and non-profit organizations. Its wealth management offers asset management trust services estate planning insurance planning and retirement planning for business owners. The Bank offers contemporary products and services such as debit cards Internet banking and electronic bill payment services.

Stonegate Bank

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