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.

A number of institutional investors have recently modified their holdings of CBFV. LSV Asset Management boosted its position in CB Financial Services by 36.9% in the second quarter. LSV Asset Management now owns 4,200 shares of the bank’s stock valued at $109,000 after buying an additional 1,132 shares in the last quarter. First National Trust Co. boosted its position in CB Financial Services by 13.7% in the second quarter. First National Trust Co. now owns 15,515 shares of the bank’s stock valued at $403,000 after buying an additional 1,865 shares in the last quarter. Janney Capital Management LLC boosted its position in CB Financial Services by 33.5% in the third quarter. Janney Capital Management LLC now owns 21,933 shares of the bank’s stock valued at $637,000 after buying an additional 5,500 shares in the last quarter. Banc Funds Co. LLC boosted its position in CB Financial Services by 66.3% in the second quarter. Banc Funds Co. LLC now owns 60,536 shares of the bank’s stock valued at $1,571,000 after buying an additional 24,135 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in CB Financial Services by 1.6% in the second quarter. Vanguard Group Inc. now owns 63,052 shares of the bank’s stock valued at $1,645,000 after buying an additional 1,021 shares in the last quarter. Hedge funds and other institutional investors own 21.30% of the company’s stock.

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%.

COPYRIGHT VIOLATION NOTICE: This piece of content was published by American Banking News and is the property of of American Banking News. If you are accessing this piece of content on another domain, it was illegally stolen and republished in violation of United States and international copyright and trademark law. The original version of this piece of content can be accessed at https://www.americanbankingnews.com/2017/12/06/zacks-cb-financial-services-inc-cbfv-given-33-00-consensus-target-price-by-analysts.html.

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.

Get a free copy of the Zacks research report on CB Financial Services (CBFV)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for CB Financial Services Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CB Financial Services Inc and related companies with MarketBeat.com's FREE daily email newsletter.