Peoples Bancorp Inc. (NASDAQ:PEBO) hit a new 52-week high during trading on Monday . The company traded as high as $23.45 and last traded at $23.43, with a volume of 12,401 shares traded. The stock had previously closed at $23.07.

PEBO has been the topic of a number of research analyst reports. Zacks Investment Research raised shares of Peoples Bancorp from a “hold” rating to a “buy” rating and set a $25.00 price objective on the stock in a report on Thursday, July 28th. TheStreet raised shares of Peoples Bancorp from a “hold” rating to a “buy” rating in a report on Tuesday, April 26th. Keefe, Bruyette & Woods increased their price objective on shares of Peoples Bancorp from $22.50 to $24.50 and gave the stock a “market perform” rating in a report on Wednesday, July 27th. Finally, Hovde Group increased their price objective on shares of Peoples Bancorp from $19.00 to $23.00 and gave the stock a “market perform” rating in a report on Wednesday, April 27th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Peoples Bancorp has an average rating of “Buy” and a consensus target price of $23.70.

The stock’s 50-day moving average price is $22.19 and its 200-day moving average price is $20.46. The firm has a market cap of $417.93 million and a P/E ratio of 18.73.

Peoples Bancorp (NASDAQ:PEBO) last posted its quarterly earnings results on Tuesday, July 26th. The company reported $0.44 EPS for the quarter, beating the Zacks’ consensus estimate of $0.41 by $0.03. Analysts anticipate that Peoples Bancorp Inc. will post $1.73 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Monday, August 22nd. Investors of record on Monday, August 8th will be paid a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 2.75%. The ex-dividend date is Thursday, August 4th.

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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