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Enter Symbol:
 
Bnc Bancorp (BNCN) [hlAlert]

Rating:
Outperform
BNCN
up 53.08 %

Bnc Bancorp (BNCN) upgraded to Outperform by Raymond James

Posted on: Monday,  Oct 28, 2013  8:25 AM ET by Raymond James

Raymond James rated Outperform Bnc Bancorp (NASDAQ: BNCN) on 10/28/2013, when the stock price was $13.28. Since
then, Bnc Bancorp has gained 53.09% as of 01/26/2016's recent price of $20.33.
If you would have followed this Raymond James's recommendation on BNCN, you would have gained 53.08% of your investment in 820 days.

BNC Bancorp serves as the holding company for Bank of North Carolina (the Bank). The Bank is a full-service commercial bank concentrating its marketing and banking efforts in Davidson, Randolph, Rowan, Forsyth, Guilford, Iredell and Cabarrus Counties. The Bank conducts its business in Davidson County from its banking headquarters located in Thomasville, North Carolina, an additional branch in Thomasville, a branch in Lexington and in Northern Davidson County. In Randolph County, the Bank has one location in the Archdale-Trinity community; in Forsyth County, the Bank has one location in Kernersville and one location in Winston Salem; in Guilford County, the Bank has three locations in Greensboro, one location in Oak Ridge and two locations in High Point; in Cabarrus County, the Bank has one office in Harrisburg; and in Rowan County, the Bank has one office in Salisbury; in Iredell County, the Bank has a limited service office in Mooresville.

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
10/28/2013 8:25 AM Buy
None
13.28
as of 12/13/2013
1 Week up  13.11 %
1 Month up  21.64 %
3 Months up  22.74 %
1 YTD up  45.66 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/26/2013 9:25 AM Hold
None
13.51
6/3/2013 8:25 AM Buy
None
10.99

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