Peoples Bancorp Inc. (NASDAQ:PEBO)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $23.48 and last traded at $23.43, with a volume of 12,146 shares trading hands. The stock had previously closed at $23.30.

A number of equities analysts have recently commented on PEBO shares. 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. Keefe, Bruyette & Woods raised their target price on shares of Peoples Bancorp from $22.50 to $24.50 and gave the company a “market perform” rating in a research note on Wednesday, July 27th. Finally, Hovde Group raised their price target on shares of Peoples Bancorp from $19.00 to $23.00 and gave the company 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 given a buy rating to the company’s stock. Peoples Bancorp currently has an average rating of “Buy” and an average target price of $23.70.

The stock has a market capitalization of $420.26 million and a price-to-earnings ratio of 18.83. The firm’s 50 day moving average price is $22.48 and its 200-day moving average price is $20.71.

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

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 22nd. Investors of record on Monday, August 8th were given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 2.73%. The ex-dividend date of this dividend was 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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