National Bank Holdings Corporation (NYSE:NBHC) was upgraded by equities researchers at BidaskClub from a “hold” rating to a “buy” rating in a research note issued on Friday.

A number of other research analysts have also weighed in on NBHC. Sandler O’Neill raised shares of National Bank Holdings Corporation from a “hold” rating to a “buy” rating and set a $36.00 target price for the company in a report on Friday, August 18th. Zacks Investment Research lowered shares of National Bank Holdings Corporation from a “buy” rating to a “hold” rating in a report on Wednesday, August 30th. Stephens set a $34.00 target price on shares of National Bank Holdings Corporation and gave the company a “hold” rating in a report on Monday, June 26th. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $35.00 target price on shares of National Bank Holdings Corporation in a report on Monday, June 26th. Finally, Piper Jaffray Companies began coverage on shares of National Bank Holdings Corporation in a report on Tuesday, July 11th. They issued a “neutral” rating and a $35.00 target price for the company. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $35.40.

Shares of National Bank Holdings Corporation (NYSE NBHC) opened at 35.69 on Friday. National Bank Holdings Corporation has a 52 week low of $22.69 and a 52 week high of $36.04. The stock has a market cap of $956.17 million, a PE ratio of 28.10 and a beta of 0.67. The stock has a 50 day moving average of $32.47 and a 200-day moving average of $32.34.

National Bank Holdings Corporation (NYSE:NBHC) last posted its earnings results on Thursday, July 20th. The financial services provider reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.28 by $0.05. National Bank Holdings Corporation had a net margin of 17.64% and a return on equity of 6.60%. The firm had revenue of $48.85 million during the quarter, compared to analyst estimates of $48.30 million. During the same period last year, the firm posted $0.15 earnings per share. Equities research analysts predict that National Bank Holdings Corporation will post $1.23 earnings per share for the current fiscal year.

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A number of hedge funds and other institutional investors have recently bought and sold shares of NBHC. Bank of Montreal Can boosted its stake in National Bank Holdings Corporation by 29.6% during the first quarter. Bank of Montreal Can now owns 3,706 shares of the financial services provider’s stock worth $120,000 after buying an additional 846 shares during the period. Wells Fargo & Company MN boosted its stake in National Bank Holdings Corporation by 3.9% during the first quarter. Wells Fargo & Company MN now owns 56,310 shares of the financial services provider’s stock worth $1,830,000 after buying an additional 2,134 shares during the period. Great West Life Assurance Co. Can boosted its stake in National Bank Holdings Corporation by 7.0% during the first quarter. Great West Life Assurance Co. Can now owns 37,745 shares of the financial services provider’s stock worth $1,226,000 after buying an additional 2,485 shares during the period. LS Investment Advisors LLC boosted its stake in National Bank Holdings Corporation by 237.2% during the first quarter. LS Investment Advisors LLC now owns 3,305 shares of the financial services provider’s stock worth $107,000 after buying an additional 2,325 shares during the period. Finally, Sei Investments Co. boosted its stake in National Bank Holdings Corporation by 199.4% during the first quarter. Sei Investments Co. now owns 55,144 shares of the financial services provider’s stock worth $1,793,000 after buying an additional 36,728 shares during the period. 94.60% of the stock is owned by institutional investors.

About National Bank Holdings Corporation

National Bank Holdings Corporation (NBH) is a bank holding company. Through Bank Midwest, N.A. (Bank Midwest), NBH’s primary business is to offer a range of products and financial services to both its commercial and consumer customers, located in Kansas, Missouri and Colorado. The Company offers an array of lending products to cater to the customers’ needs, including, but not limited to, small business loans, equipment loans, term loans, asset-backed loans, letters of credit, commercial lines of credit, residential mortgage loans, home equity and consumer loans.

Analyst Recommendations for National Bank Holdings Corporation (NYSE:NBHC)

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