Sun Bancorp, Inc. /NJ (SNBC) Receiving Somewhat Positive Press Coverage, Accern Reports

News articles about Sun Bancorp, Inc. /NJ (NASDAQ:SNBC) have been trending somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Sun Bancorp, Inc. /NJ earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 45.8609303376251 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Several brokerages have weighed in on SNBC. BidaskClub downgraded Sun Bancorp, Inc. /NJ from a “hold” rating to a “sell” rating in a research report on Friday, January 26th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $33.00 price target on shares of Sun Bancorp, Inc. /NJ in a research report on Friday, December 22nd.

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SNBC traded down $0.30 during midday trading on Friday, hitting $24.50. 10,589 shares of the company were exchanged, compared to its average volume of 31,838. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.43. Sun Bancorp, Inc. /NJ has a 1-year low of $22.45 and a 1-year high of $26.70.

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Sun Bancorp, Inc. /NJ Company Profile

Sun Bancorp, Inc is a bank holding company. The Company’s principal subsidiary is Sun National Bank (the Bank). Through the Bank, the Company provides an array of community banking services to consumers, small businesses and mid-size companies. The Company’s lending services to businesses include term loans, lines of credit and commercial mortgages.

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