Hovde Group: Time To Buy Commerce Union (OTC:CUBN)? Has $26.50 Valuation Target

October 12, 2017 - By Peter Erickson

 Hovde Group: Time To Buy Commerce Union (OTC:CUBN)? Has $26.50 Valuation Target

Why Has Hovde Group Given Commerce Union (OTC:CUBN) a $26.50 Price Target

In analysts report shared with investors and clients on Wednesday morning, Hovde Group analyst has today has begun coverage for Commerce Union (OTC:CUBN) shares with a “Outperform” rating. The TP is exactly $26.50.

About 3,558 shares traded. Commerce Union Bancshares Inc (OTC:CUBN) has risen 42.34% since October 12, 2016 and is uptrending. It has outperformed by 25.64% the S&P500.

Commerce Union Bancshares, Inc. serves as the bank holding firm for Reliant Bank. The company has market cap of $196.63 million. The Firm has two divisions: Retail Banking and Residential Mortgage Banking. It has a 22.79 P/E ratio. Retail Banking provides deposit and lending services to consumer and business clients within its primary geographic markets.

More notable recent Commerce Union Bancshares Inc (NASDAQ:CUBN) news were published by: Businesswire.com which released: “Commerce Union Bancshares, Inc. Adds Chris Payne As Senior Manager for Reliant …” on March 30, 2016, also Marketwatch.com with their article: “23.47” published on June 30, 2011, Businesswire.com published: “Commerce Union Bancshares, Inc. Announces Planned Retirement of William R …” on January 30, 2017. More interesting news about Commerce Union Bancshares Inc (NASDAQ:CUBN) were released by: Businesswire.com and their article: “Commerce Union Bank and Reliant Bank Complete Merger” published on April 01, 2015 as well as Businesswire.com‘s news article titled: “CORRECTING and REPLACING Commerce Union Bancshares, Inc. Holds Annual Meeting …” with publication date: June 03, 2016.

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