Peoples Bancorp Inc. (NASDAQ:PEBO)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $23.00 and last traded at $22.99, with a volume of 35,751 shares changing hands. The stock had previously closed at $22.46.

Several equities analysts have recently commented on PEBO shares. Keefe, Bruyette & Woods upped their price objective on shares of Peoples Bancorp from $22.50 to $24.50 and gave the company a “market perform” rating in a research report on Wednesday, July 27th. Zacks Investment Research raised shares of Peoples Bancorp from a “sell” rating to a “hold” rating in a research note on Thursday, April 28th. TheStreet raised shares of Peoples Bancorp from a “hold” rating to a “buy” rating in a research note on Tuesday, April 26th. Finally, Hovde Group raised their price objective on shares of Peoples Bancorp from $19.00 to $23.00 and gave the company a “market perform” rating in a research note on Wednesday, April 27th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Peoples Bancorp presently has an average rating of “Buy” and a consensus target price of $23.70.

The stock has a market cap of $413.45 million and a P/E ratio of 18.53. The firm has a 50 day moving average of $21.95 and a 200-day moving average of $20.14.

Peoples Bancorp (NASDAQ:PEBO) last issued its earnings results on Tuesday, July 26th. The company reported $0.44 earnings per share for the quarter, topping analysts’ consensus estimates of $0.41 by $0.03. Equities research analysts anticipate that Peoples Bancorp Inc. will post $1.74 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 22nd. Shareholders of record on Monday, August 8th will be given a dividend of $0.16 per share. The ex-dividend date of this dividend is Thursday, August 4th. This represents a $0.64 dividend on an annualized basis and a yield of 2.78%.

Peoples Bancorp Inc is a financial holding company. The Company is engaged in banking, investment, insurance and trust solutions. The Company operates principally through its subsidiary, Peoples Bank, National Association (Peoples Bank). The Company’s products and services include demand deposit accounts, savings accounts, money market accounts and certificates of deposit.

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