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Analysts Offer Insights on Financial Companies: Ameris Bancorp (ABCB), Banner (BANR) and First United (FUNC)

There’s a lot to be optimistic about in the Financial sector as 3 analysts just weighed in on Ameris Bancorp (ABCBResearch Report), Banner (BANRResearch Report) and First United (FUNCResearch Report) with bullish sentiments.

Ameris Bancorp (ABCB)

Raymond James analyst David Feaster maintained a Buy rating on Ameris Bancorp today and set a price target of $48.00. The company’s shares closed last Thursday at $41.39, close to its 52-week low of $39.37.

According to TipRanks.com, Feaster is a top 100 analyst with an average return of 30.5% and a 70.1% success rate. Feaster covers the Financial sector, focusing on stocks such as Bank of NT Butterfield & Son, Seacoast Banking Of Florida, and Columbia Banking System.

Currently, the analyst consensus on Ameris Bancorp is a Strong Buy with an average price target of $50.67.

See today’s best-performing stocks on TipRanks >>

Banner (BANR)

In a report released today, Donald Worthington from Raymond James maintained a Buy rating on Banner, with a price target of $65.00. The company’s shares closed last Thursday at $58.08.

Worthington has an average return of 8.2% when recommending Banner.

According to TipRanks.com, Worthington is ranked #594 out of 7907 analysts.

Currently, the analyst consensus on Banner is a Strong Buy with an average price target of $66.67, which is a 14.6% upside from current levels. In a report issued on June 28, Janney Montgomery also upgraded the stock to Buy with a $68.00 price target.

First United (FUNC)

In a report released today, William Wallace from Raymond James maintained a Buy rating on First United, with a price target of $25.00. The company’s shares closed last Thursday at $18.65.

According to TipRanks.com, Wallace is a 5-star analyst with an average return of 18.7% and a 59.1% success rate. Wallace covers the Financial sector, focusing on stocks such as Capstar Financial Holdings, Dime Community Bancshares, and Business First Bancshares.

Currently, the analyst consensus on First United is a Moderate Buy with an average price target of $25.00.

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