Guaranty Bancshares (NASDAQ:GNTY - Get Free Report)'s stock had its "overweight" rating reissued by Stephens in a report released on Monday,Benzinga reports. They currently have a $47.00 target price on the stock. Stephens' price objective suggests a potential upside of 10.39% from the stock's previous close.
Separately, Keefe, Bruyette & Woods increased their price objective on shares of Guaranty Bancshares from $42.00 to $43.00 and gave the company a "market perform" rating in a research note on Tuesday, April 22nd.
Read Our Latest Research Report on Guaranty Bancshares
Guaranty Bancshares Stock Down 1.6%
GNTY opened at $42.58 on Monday. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.14. The company has a market cap of $482.85 million, a P/E ratio of 15.48 and a beta of 0.44. The business's 50-day moving average price is $40.94 and its 200-day moving average price is $39.38. Guaranty Bancshares has a 12 month low of $29.54 and a 12 month high of $43.64.
Institutional Trading of Guaranty Bancshares
Hedge funds have recently modified their holdings of the company. Picton Mahoney Asset Management bought a new position in shares of Guaranty Bancshares during the 4th quarter worth approximately $30,000. US Bancorp DE purchased a new position in Guaranty Bancshares in the first quarter worth $41,000. Wells Fargo & Company MN increased its position in shares of Guaranty Bancshares by 26.4% during the fourth quarter. Wells Fargo & Company MN now owns 4,628 shares of the company's stock worth $160,000 after purchasing an additional 967 shares in the last quarter. PDT Partners LLC purchased a new stake in shares of Guaranty Bancshares during the 1st quarter valued at $202,000. Finally, VeraBank N.A. acquired a new stake in shares of Guaranty Bancshares in the 1st quarter worth $218,000. 39.39% of the stock is owned by hedge funds and other institutional investors.
About Guaranty Bancshares
(
Get Free Report)
Guaranty Bancshares, Inc operates as the bank holding company for Guaranty Bank & Trust, N.A. that provides a range of commercial and consumer banking products and services for small- and medium-sized businesses, professionals, and individuals. The company offers checking and savings, money market, and business accounts, as well as certificates of deposit; and commercial and industrial, construction and development, 1-4 family residential, commercial real estate, farmland, agricultural, multi-family residential, and consumer loans.
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