▼ -17.16% Downside Potential
This price target is based on 5 analysts offering 12 month price targets for Ameris Bancorp in the last 3 months. The average price target is $40.33, with a high forecast of $60.00 and a low forecast of $25.00. The average price target represents a -17.16% upside from the last price of $48.69.
The current consensus among 5 investment analysts is to buy stock in Ameris Bancorp. This Buy consensus rating has held steady for over two years.
Ameris Bancorp operates as the bank holding company for Ameris Bank that provides range of banking services to retail and commercial customers primarily in Georgia, Alabama, Florida, and South Carolina. The company operates through five segments: Banking Division, Retail Mortgage Division, Warehouse Lending Division, SBA Division, and Premium Finance Division. It offers commercial and retail checking, regular interest-bearing savings, money market, individual retirement, and certificates of deposit accounts. The company also provides commercial real estate, residential real estate mortgage, agricultural, and commercial and industrial loans; consumer loans, including motor vehicle, home improvement, and home equity loans, as well as loans secured by savings accounts and small unsecured personal credit lines. In addition, it originates, administers, and services commercial insurance premium loans and small business administration loans. The company operates 164 full service domestic banking offices and 33 mortgage and loan production offices. Ameris Bancorp was founded in 1971 and is headquartered in Atlanta, Georgia.