Keefe, Bruyette & Woods Increases Univest Corp. of Pennsylvania Price Target to $22.00 (UVSP)
Stock analysts at Keefe, Bruyette & Woods boosted their price objective on shares of Univest Corp. of Pennsylvania (NASDAQ:UVSP) from $1.00 to $22.00 in a report issued on Friday. The firm currently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ price target would indicate a potential upside of 8.21% from the stock’s previous close.
Univest Corp. of Pennsylvania (NASDAQ:UVSP) traded up 1.22% on Friday, hitting $20.578. The stock had a trading volume of 40,031 shares. Univest Corp. of Pennsylvania has a 52-week low of $17.67 and a 52-week high of $21.48. The stock has a 50-day moving average of $19. and a 200-day moving average of $19.76. The company has a market cap of $334.2 million and a price-to-earnings ratio of 15.64.
Univest Corp. of Pennsylvania (NASDAQ:UVSP) last released its earnings data on Wednesday, April 23rd. The company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.05. Analysts expect that Univest Corp. of Pennsylvania will post $1.40 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, July 1st. Stockholders of record on Wednesday, June 11th will be given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 3.94%. The ex-dividend date of this dividend is Monday, June 9th.
Univest Corporation of Pennsylvania is a bank holding company.The Company owns all of the capital stock of Univest Bank and Trust Co (NASDAQ:UVSP), Univest Delaware, Inc Its segment includes Community Banking.
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