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Equities research analysts at Boenning Scattergood assumed coverage on shares of Peoples Bancorp (NASDAQ:PEBO) in a research note issued to investors on Thursday. The firm set an “outperform” rating and a $28.00 price target on the stock. Boenning Scattergood’s price objective suggests a potential upside of 16.13% from the stock’s previous close.

Shares of Peoples Bancorp (NASDAQ:PEBO) opened at 23.91 on Thursday. Peoples Bancorp has a one year low of $20.11 and a one year high of $28.00. The stock’s 50-day moving average is $23.92 and its 200-day moving average is $24.89. The company has a market cap of $261.3 million and a P/E ratio of 16.53.

Peoples Bancorp (NASDAQ:PEBO) last announced its earnings results on Tuesday, July 22nd. The company reported $0.32 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.38 by $0.06. On average, analysts predict that Peoples Bancorp will post $1.58 earnings per share for the current fiscal year.

Peoples Bancorp Inc (NASDAQ:PEBO) operates through its wholly owned subsidiary, Peoples Bank, National Association (Peoples Bank).

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