Shares of CB Financial Services Inc (NASDAQ:CBFV) have been given an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.

Analysts have set a 12 month consensus price objective of $36.00 for the company and are anticipating that the company will post $0.54 earnings per share for the current quarter, according to Zacks. Zacks has also given CB Financial Services an industry rank of 165 out of 265 based on the ratings given to its competitors.

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CBFV has been the topic of a number of analyst reports. DA Davidson upped their target price on shares of CB Financial Services to $36.00 and gave the stock a “buy” rating in a report on Tuesday, February 13th. They noted that the move was a valuation call. Zacks Investment Research lowered shares of CB Financial Services from a “hold” rating to a “sell” rating in a report on Monday, January 1st. Finally, Keefe, Bruyette & Woods restated a “hold” rating and issued a $33.00 target price on shares of CB Financial Services in a report on Friday, December 22nd.

Shares of CBFV stock traded down $0.10 on Thursday, reaching $32.40. 700 shares of the company were exchanged, compared to its average volume of 3,016. The stock has a market capitalization of $132.74, a PE ratio of 19.40, a price-to-earnings-growth ratio of 1.58 and a beta of 0.36. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.93 and a quick ratio of 0.93. CB Financial Services has a one year low of $25.10 and a one year high of $32.65.

CB Financial Services (NASDAQ:CBFV) last released its quarterly earnings data on Monday, February 12th. The bank reported $0.31 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.48 by ($0.17). CB Financial Services had a return on equity of 7.43% and a net margin of 17.26%. The company had revenue of $9.52 million for the quarter, compared to the consensus estimate of $9.63 million. analysts anticipate that CB Financial Services will post 2.05 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Monday, March 19th. Investors of record on Friday, March 9th were issued a $0.22 dividend. The ex-dividend date was Thursday, March 8th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.72%. CB Financial Services’s dividend payout ratio is presently 52.69%.

Several institutional investors and hedge funds have recently bought and sold shares of CBFV. Kennedy Capital Management Inc. raised its holdings in shares of CB Financial Services by 10.5% in the 4th quarter. Kennedy Capital Management Inc. now owns 100,718 shares of the bank’s stock worth $3,022,000 after acquiring an additional 9,574 shares during the last quarter. Gendell Jeffrey L raised its holdings in shares of CB Financial Services by 13.8% in the 4th quarter. Gendell Jeffrey L now owns 47,125 shares of the bank’s stock worth $1,414,000 after acquiring an additional 5,717 shares during the last quarter. Wells Fargo & Company MN increased its stake in CB Financial Services by 653.4% in the 4th quarter. Wells Fargo & Company MN now owns 5,658 shares of the bank’s stock valued at $169,000 after buying an additional 4,907 shares during the last quarter. Finally, Vanguard Group Inc. increased its stake in CB Financial Services by 1.6% in the 2nd quarter. Vanguard Group Inc. now owns 63,052 shares of the bank’s stock valued at $1,645,000 after buying an additional 1,021 shares during the last quarter. Institutional investors own 22.58% of the company’s stock.

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About CB Financial Services

CB Financial Services, Inc operates as the bank holding company for Community Bank, a state chartered commercial bank that provides various banking products and services for individuals and businesses in southwestern Pennsylvania. The company's deposit products include demand deposits, NOW accounts, money market accounts, savings accounts, and time deposits.

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