Glacier Bancorp (NYSE:GBCI) Stock Rating Upgraded by Keefe, Bruyette & Woods

Glacier Bancorp (NYSE:GBCI) was upgraded by equities research analysts at Keefe, Bruyette & Woods from a “market perform” rating to an “outperform” rating in a report issued on Monday, MarketBeat reports. The brokerage presently has a $55.00 price target on the stock. Keefe, Bruyette & Woods’ price objective suggests a potential upside of 20.46% from the stock’s current price.

Several other analysts have also recently issued reports on GBCI. Wall Street Zen cut shares of Glacier Bancorp from a “hold” rating to a “sell” rating in a research note on Saturday, October 18th. Weiss Ratings restated a “hold (c)” rating on shares of Glacier Bancorp in a research report on Monday, December 8th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $55.00.

Glacier Bancorp Trading Up 1.2%

Shares of GBCI opened at $45.66 on Monday. Glacier Bancorp has a twelve month low of $36.76 and a twelve month high of $52.81. The stock has a market cap of $5.93 billion, a PE ratio of 22.38 and a beta of 0.78. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.31. The business’s 50-day moving average price is $43.08 and its 200-day moving average price is $44.89.

Glacier Bancorp Company Profile

Glacier Bancorp, Inc operates as the bank holding company for Glacier Bank that provides commercial banking services to individuals, small to medium-sized businesses, community organizations, and public entities in the United States. It offers non-interest bearing deposit and interest bearing deposit accounts, such as negotiable order of withdrawal and demand deposit accounts, savings accounts, money market deposit accounts, fixed rate certificates of deposit, negotiated-rate jumbo certificates, and individual retirement accounts.