Live Oak Bancshares (NYSE:LOB) Upgraded at Cantor Fitzgerald

Cantor Fitzgerald upgraded shares of Live Oak Bancshares (NYSE:LOB) to a hold rating in a research note released on Tuesday,Zacks.com reports.

A number of other equities analysts have also recently weighed in on the stock. Wall Street Zen cut shares of Live Oak Bancshares from a “hold” rating to a “sell” rating in a research report on Saturday, August 16th. Keefe, Bruyette & Woods raised shares of Live Oak Bancshares from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, August 19th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Live Oak Bancshares Price Performance

Shares of Live Oak Bancshares stock opened at $37.00 on Tuesday. Live Oak Bancshares has a twelve month low of $22.68 and a twelve month high of $50.57. The firm has a market cap of $1.69 billion, a P/E ratio of 30.33 and a beta of 1.75.

Live Oak Bancshares Company Profile

Live Oak Bancshares, Inc operates as the bank holding company for Live Oak Banking Company that provides various commercial banking products and services to individuals, small businesses, and professionals in North Carolina, the United States. The company accepts various deposit products, including noninterest-bearing demand, as well as interest-bearing checking, money market, savings, and time deposits.