In a report released yesterday, Tim Switzer from KBW reiterated a Hold rating on Cnb Financial (CCNE – Research Report), with a price target of $23.00. The company’s shares closed yesterday at $21.41.
According to TipRanks, Switzer is a 3-star analyst with an average return of 20.5% and a 100.00% success rate. Switzer covers the Financial sector, focusing on stocks such as CB Financial Services, Cnb Financial, and Mid Penn Bancorp.
Cnb Financial has an analyst consensus of Hold.
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CCNE market cap is currently $454.9M and has a P/E ratio of 8.26.
Based on the recent corporate insider activity of 63 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CCNE in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Cnb Financial (CCNE) Company Description:
CNB Financial Corp. (Pennsylvania) is a financial holding company, which engages in the provision of banking and financial solutions. It operates through Reviewed and Homogeneous segments. The Reviewed Pool segment include commercial, industrial, and agricultural; and commercial mortgages. The Homogeneous segment compose of residential real estate; consumer; credit cards; and overdrafts. The company was founded in 1983 and is headquartered in Clearfield, PA.
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