Stonegate Bank (SGBK) was Initiated by Raymond James to “Mkt Perform”. Raymond James advised their investors in a research report released on Nov 30, 2016.
Many Wall Street Analysts have commented on Stonegate Bank. Company shares were Reiterated by Hovde Group on Sep 21, 2016 to “Outperform”, Firm has raised the Price Target to $ 37 from a previous price target of $36 .
Stonegate Bank opened for trading at $40 and hit $40.52 on the upside on Tuesday, eventually ending the session at $40.2, with a gain of 1.06% or 0.42 points. The heightened volatility saw the trading volume jump to 53,614 shares. Company has a market cap of $508 M.
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.