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Stock analysts at Keefe, Bruyette & Woods dropped their target price on shares of Community Trust Bancorp (NASDAQ:CTBI) from $40.00 to $36.00 in a report issued on Monday. Keefe, Bruyette & Woods’ target price would indicate a potential upside of 8.70% from the company’s current price.

Separately, analysts at Zacks downgraded shares of Community Trust Bancorp from a “neutral” rating to an “underperform” rating in a research note on Wednesday, May 14th. They now have a $31.80 price target on the stock.

Shares of Community Trust Bancorp (NASDAQ:CTBI) traded up 1.15% on Monday, hitting $33.50. 4,882 shares of the company’s stock traded hands. Community Trust Bancorp has a one year low of $31.2273 and a one year high of $42.0727. The stock has a 50-day moving average of $34.8 and a 200-day moving average of $37.52. The company has a market cap of $579.8 million and a P/E ratio of 13.20.

Community Trust Bancorp (NASDAQ:CTBI) last issued its quarterly earnings data on Wednesday, April 16th. The company reported $0.64 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.75 by $0.11. On average, analysts predict that Community Trust Bancorp will post $2.55 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Tuesday, July 1st. Investors of record on Sunday, June 15th will be given a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a yield of 3.50%. The ex-dividend date of this dividend is Wednesday, June 11th.

Community Trust Bancorp, Inc (NASDAQ:CTBI) is a bank holding company.

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