Zacks: CB Financial Services Inc (CBFV) Given $33.00 Consensus Target Price by Analysts
CB Financial Services Inc (NASDAQ:CBFV) has received a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation. CB Financial Services’ rating score has improved by 50% in the last three months as a result of various analysts’ upgrades and downgrades.
Analysts have set a one year consensus price objective of $33.00 for the company and are expecting that the company will post $0.48 earnings per share for the current quarter, according to Zacks. Zacks has also assigned CB Financial Services an industry rank of 111 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research upgraded shares of CB Financial Services from a “hold” rating to a “buy” rating and set a $30.00 target price on the stock in a research report on Tuesday, September 5th.
CB Financial Services (NASDAQ:CBFV) traded up $0.45 during midday trading on Wednesday, hitting $30.00. 9,200 shares of the company traded hands, compared to its average volume of 4,232. CB Financial Services has a twelve month low of $25.10 and a twelve month high of $31.10. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.94 and a quick ratio of 0.94. The firm has a market cap of $120.80, a price-to-earnings ratio of 15.97, a price-to-earnings-growth ratio of 1.61 and a beta of 0.35.
The business also recently announced a quarterly dividend, which will be paid on Monday, December 18th. Shareholders of record on Friday, December 8th will be given a $0.22 dividend. The ex-dividend date is Thursday, December 7th. This represents a $0.88 dividend on an annualized basis and a yield of 2.93%. CB Financial Services’s dividend payout ratio is currently 47.57%.
About CB Financial Services
CB Financial Services, Inc is the bank holding company for Community Bank (the Bank). The Company operates in community banking segment. The Bank offers residential and commercial real estate loans, commercial and industrial loans, and consumer loans, as well as a range of deposit products for individuals and businesses in its market area.
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