Green Bancorp Inc (GNBC) is Downgraded by Sun Trust Rbsn Humphrey to Neutral

Green Bancorp Inc (GNBC) was Downgraded by Sun Trust Rbsn Humphrey to ” Neutral”. Earlier the firm had a rating of “Buy ” on the company shares. Sun Trust Rbsn Humphrey advised their investors in a research report released on Apr 29, 2016.

Many Wall Street Analysts have commented on Green Bancorp Inc. Shares were Reiterated by RBC Capital Mkts on Feb 1, 2016 to “Outperform” and Lowered the Price Target to $ 10 from a previous price target of $16 .

Green Bancorp Inc (GNBC) witnessed a volatile trading activity on Wednesday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $8.36 and reached the intraday high at $8.54. The bulls started the profit booking and pushed the shares to intraday low of $8.28. The trading session was marked by a volume range of 39,725 shares exchanging hands. The 52-week high of the shares is $15.79 and the 52-week low is $6.61. The market cap of the company stands at $293 M and there are 3,47,88,464 shares in public circulation.

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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