Sandler O’Neill Increases Evans Bancorp Price Target to $26.00 (EVBN)
Analysts at Sandler O’Neill lifted their target price on shares of Evans Bancorp (NASDAQ:EVBN) from $1.00 to $26.00 in a research report issued to clients and investors on Friday, StockRatingsNetwork reports. Sandler O’Neill’s price objective would suggest a potential upside of 18.13% from the company’s current price.
Evans Bancorp (NASDAQ:EVBN) traded down 0.75% during mid-day trading on Friday, hitting $22.08. 1,720 shares of the company’s stock traded hands. Evans Bancorp has a 52-week low of $17.20 and a 52-week high of $24.87. The stock has a 50-day moving average of $22.29 and a 200-day moving average of $20.44. The company has a market cap of $92.3 million and a P/E ratio of 11.29.
Evans Bancorp (NASDAQ:EVBN) last issued its quarterly earnings data on Thursday, February 6th. The company reported $0.39 EPS for the quarter. Analysts expect that Evans Bancorp will post $1.95 EPS for the current fiscal year.
Evans Bancorp, Inc is a financial holding company. The Company’s primary business is the operation of its subsidiaries.
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