In a report released yesterday, Tim Switzer from KBW assigned a Hold rating to CB Financial Services (CBFV – Research Report), with a price target of $24.00. The company’s shares closed yesterday at $22.30.
According to TipRanks, Switzer is a 2-star analyst with an average return of 3.0% and a 50.00% success rate. Switzer covers the Financial sector, focusing on stocks such as CB Financial Services, First Mid-Illinois Bancshares, and Cnb Financial.
The word on The Street in general, suggests a Hold analyst consensus rating for CB Financial Services with a $24.00 average price target.
CBFV market cap is currently $114.2M and has a P/E ratio of 5.04.
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CB Financial Services (CBFV) Company Description:
CB Financial Services, Inc. operates as a bank holding company, which conducts its operations primarily through its subsidiary, Community Bank, a community-oriented financial institution offering residential and commercial real estate loans, commercial and industrial loans, and consumer loans as well as a variety of deposit products for individuals and businesses. The firm operates through the following sgments: Community Banking segment and Insurance Brokerage Services. The company was founded in 2006 and is headquartered in Carmichaels, PA.
