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Enter Symbol:
 
United Community Banks, Inc. (UCBI) [hlAlert]

Rating:
Strong Buy
UCBI
up 54.95 %

United Community Banks, Inc. (UCBI) rated Strong Buy by Raymond James

Posted on: Friday,  Jul 26, 2013  8:25 AM ET by Raymond James

Raymond James rated Strong Buy United Community Banks, Inc. (NASDAQ: UCBI) on 07/26/2013. Previously Raymond James rated Outperform United Community Banks, Inc. (NASDAQ:
UCBI) on 06/10/2013., when the stock price was $12.41. Since then, United Community Banks, Inc. has gained 54.96% as of 01/11/2016's recent price of $19.23.
If you would have followed the previous Raymond James's recommendation on UCBI, you would have gained 54.95% of your investment in 945 days.

United Community Banks, Inc. (United) is a bank holding company that conducts its operations through United Community Bank, Brevard, North Carolina, and United Community Bank, Blairsville, Georgia (collectively the Bank). Substantially all of United?s activities were conducted by the Bank. United conducts substantially all of its operations through a community-focused operating model of 27 separate community banks, which as of December 31, 2008, operated at 107 locations in north Georgia, metro Atlanta and Gainesville (Atlanta Region), coastal Georgia, western North Carolina and east Tennessee. The community banks offer a range of retail and corporate banking services, including checking, savings, and time deposit accounts, secured and unsecured loans, wire transfers, brokerage services, and other financial services, and are led by local bank presidents and management. In June 2009, United Community Bank announced the acquisition of Southern Community Bank.

Our equity research team has gained national attention for stock-picking ability and analyst performance, with recognition in leading publications such as the Wall Street Journal and Institutional Investor magazine*. Raymond James’ equity research philosophy focuses on a fundamental approach that encompasses three basic points. First, we believe that superior research on select companies within well-defined industries is preferable to broad general coverage. Second, we concentrate on the identification of quality companies demonstrating solid growth potential, with the goal of helping our clients maximize their investment returns. Third, to help our clients take advantage of pockets of inefficiency in the market, we strive to locate superior companies from across the country that have the potential to provide our clients with unique opportunities.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/26/2013 8:25 AM Buy
None
13.75
as of 12/13/2013
1 Week down  -3.66 %
1 Month up  9.39 %
3 Months up  13.17 %
1 YTD up  26.18 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/10/2013 8:25 AM Buy
None
12.41

(*) Stock Price at the time of the recommendation.
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