GERMAN AMER BCP (GABC) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of GERMAN AMER BCP (GABC) from OUTPERFORM to NEUTRAL on October 09, 2012, with a target price of $27.10.

GERMAN AMERICAN BANCORP is a multi-bank holding company. Through its subsidiaries, they operate affiliated community banks with banking offices and full-service independent insurance agencies in the eight contiguous Southwestern Indiana counties of Daviess, Dubois, Gibson, Knox, Martin, Perry, Pike andS pencer. Their lines of business include retail and commercial banking, mortgage banking, trust and brokerage services, title insurance, and a full range of personal and corporate property and casualty insurance products.

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