Eagle Bancorp Inc. (Maryland) Stock Rating Lowered by Zacks (EGBN)
Eagle Bancorp Inc. (Maryland) (NASDAQ:EGBN) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a note issued to investors on Tuesday, AnalystRatings.NET reports. They currently have a $30.90 target price on the stock. Zacks‘ price objective would suggest a potential upside of 13.69% from the stock’s previous close.
EGBN has been the subject of a number of other recent research reports. Analysts at Keefe, Bruyette & Woods raised their price target on shares of Eagle Bancorp Inc. (Maryland) from $24.50 to $29.00 in a research note to investors on Friday, July 26th. They now have an “outperform” rating on the stock. Analysts at FBR Capital Markets raised their price target on shares of Eagle Bancorp Inc. (Maryland) from $25.00 to $29.00 in a research note to investors on Thursday, July 25th. They now have an “outperform” rating on the stock. One research analyst has rated the stock with a hold rating and three have issued a buy rating to the stock. Eagle Bancorp Inc. (Maryland) presently has an average rating of “Buy” and an average price target of $26.28.
Eagle Bancorp Inc. (NASDAQ:EGBN) traded down 1.66% during mid-day trading on Tuesday, hitting $27.18. 66,952 shares of the company’s stock traded hands. Eagle Bancorp Inc. has a one year low of $15.4091 and a one year high of $28.78. The stock has a 50-day moving average of $26.8 and a 200-day moving average of $23.57. The company has a market cap of $700.5 million and a P/E ratio of 16.45.
Eagle Bancorp Inc. (Maryland) (NASDAQ:EGBN) last announced its earnings results on Monday, July 22nd. The company reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.03. Analysts expect that Eagle Bancorp Inc. will post $1.75 EPS for the current fiscal year.
Eagle Bancorp, Inc is a bank holding company for EagleBank (NASDAQ:EGBN).
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