Community Trust Bancorp Upgraded to Buy at Thomson Reuters/Verus (CTBI)
Community Trust Bancorp (NASDAQ:CTBI) was upgraded by stock analysts at Thomson Reuters/Verus from a “hold” rating to a “buy” rating in a report issued on Monday, AnalystRatings.NET reports.
A number of other analysts have also recently weighed in on CTBI. Analysts at Zacks upgraded shares of Community Trust Bancorp from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, October 1st. They now have a $44.50 price target on the stock. Separately, analysts at Sandler O’Neill raised their price target on shares of Community Trust Bancorp from $36.00 to $39.50 in a research note to investors on Friday, July 19th. Finally, analysts at Keefe, Bruyette & Woods raised their price target on shares of Community Trust Bancorp from $35.00 to $38.00 in a research note to investors on Thursday, July 18th. They now have a “market perform” rating on the stock.
Shares of Community Trust Bancorp (NASDAQ:CTBI) traded down 1.38% on Monday, hitting $38.53. 15,677 shares of the company’s stock traded hands. Community Trust Bancorp has a one year low of $29.60 and a one year high of $41.54. The stock’s 50-day moving average is $38.99 and its 200-day moving average is $36.95. The company has a market cap of $599.7 million and a price-to-earnings ratio of 13.70.
Community Trust Bancorp, Inc (NASDAQ:CTBI) is a bank holding company.
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