CNB Financial Corp. (Pennsylvania) Rating Increased to Outperform at Boenning Scattergood (CCNE)
CNB Financial Corp. (Pennsylvania) (NASDAQ:CCNE) was upgraded by analysts at Boenning Scattergood from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Monday, TheFlyOnTheWall.com reports.
Separately, analysts at Zacks downgraded shares of CNB Financial Corp. (Pennsylvania) from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, December 24th. They now have a $22.10 price target on the stock.
Shares of CNB Financial Corp. (NASDAQ:CCNE) opened at 16.06 on Monday. CNB Financial Corp. has a 1-year low of $15.50 and a 1-year high of $21.04. The stock’s 50-day moving average is $18.05 and its 200-day moving average is $18.20. The company has a market cap of $227.2 million and a price-to-earnings ratio of 12.64.
CNB Financial Corp. (Pennsylvania) (NASDAQ:CCNE) last issued its quarterly earnings data on Friday, January 31st. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.27 by $0.06. Analysts expect that CNB Financial Corp. will post $1.38 EPS for the current fiscal year.
CNB Financial Corporation is a financial holding company. The Company provides a range of banking and related services through its wholly owned subsidiary, CNB Bank (NASDAQ:CCNE).
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