Published On: Wed, Oct 19th, 2016

Monarch Financial Holdings, Inc. (MNRK) Updated Analyst Coverage

A number of investment brokers have recently updated their price targets on shares of Monarch Financial Holdings, Inc. (MNRK).

Most recent broker ratings

12/17/2015 – Monarch Financial Holdings, Inc. had its “hold” rating reiterated by analysts at BB&T Capital Markets.

12/17/2013 – Monarch Financial Holdings, Inc. was upgraded to “neutral” by analysts at Zacks. They now have a USD 11.3 price target on the stock.

The share price of Monarch Financial Holdings, Inc. (MNRK) was up +0.00% during the last day of trading, with a day high of 0.00. 0 shares were traded during the last session.

The stock’s 50 day moving average is 18.88 and its 200 day moving average is 16.94.Monarch Financial Holdings, Inc. has a 52-week low of 11.09 and a 52-week high of 19.99.

Monarch Financial Holdings, Inc. (Monarch) is a Virginia-chartered bank holding company. The Company is engaged in commercial and retail banking; investment and insurance sales, and mortgage origination and brokerage. The Company conducts its operations through its subsidiary, Monarch Bank (the Bank), and its two subsidiaries, Monarch Investment, LLC and Monarch Capital, LLC. The Company operates through two segments: community banking (banking) and retail mortgage banking services (mortgage banking). The Company’s community banking segment involves making loans to and generating deposits from individuals and businesses. Monarch’s mortgage banking services consist of originating residential loans and subsequently selling them to investors. Monarch also does business in various markets, such as OBX Bank, Monarch Bank Private Wealth, Monarch Mortgage and under various names through joint ventures with other partners.