American National BankShares (NASDAQ:AMNB) Downgraded by BidaskClub to Strong Sell
Several other research firms have also recently weighed in on AMNB. Stephens initiated coverage on shares of American National BankShares in a research note on Monday, January 6th. They issued an equal weight rating and a $41.50 price target for the company. ValuEngine cut shares of American National BankShares from a hold rating to a sell rating in a research note on Tuesday, December 10th. Finally, Zacks Investment Research raised shares of American National BankShares from a sell rating to a hold rating in a research note on Wednesday, December 18th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. American National BankShares currently has an average rating of Hold and an average target price of $39.50.
Shares of NASDAQ AMNB opened at $37.31 on Friday. American National BankShares has a 12-month low of $31.49 and a 12-month high of $41.50. The stock has a market cap of $417.75 million, a PE ratio of 19.33 and a beta of 1.09. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 0.11. The company has a 50-day moving average of $38.71 and a 200 day moving average of $36.64.
About American National BankShares
American National Bankshares Inc operates as the bank holding company for American National Bank and Trust Company that provides financial products and services. The company operates through two segments, Community Banking, and Trust and Investment Services. It accepts deposit products, including checking, money market, savings, and consumer and commercial time deposits, as well as certificates of deposit.
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