Boenning & Scattergood Sticks to Their Hold Rating for Peoples Bancorp Inc (PEBO)

In a report released today, Scott Beury from Boenning & Scattergood maintained a Hold rating on Peoples Bancorp Inc (PEBOResearch Report). The company’s shares closed yesterday at $32.73.

According to TipRanks.com, Beury is a 2-star analyst with an average return of -0.2% and a 40.5% success rate. Beury covers the Financial sector, focusing on stocks such as Farmers National Banc Corp Oh, Old National Bancorp Capital, and Independent Bank Corporation.

Peoples Bancorp Inc has an analyst consensus of Hold, with a price target consensus of $42.

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Peoples Bancorp Inc’s market cap is currently $639M and has a P/E ratio of 13.58. The company has a Price to Book ratio of 1.23.

Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is negative on the stock.

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Peoples Bancorp, Inc. is a financial holding company, which engages in banking, investment, insurance, and trust solutions. It offers various demand deposit accounts, savings accounts, money market accounts and certificates of deposit; commercial, consumer, real estate mortgage loans and lines of credit; debit and automated teller machine cards; credit cards for individuals and businesses; merchant credit card transaction processing services; corporate and personal trust services; safe deposit rental facilities; money orders and cashier’s checks; a full range of life, health, and property and casualty insurance products; brokerage services; and custom-tailored fiduciary, employee benefit plans and asset management and administration services. The company was founded in 1980 and is headquartered in Marietta, OH.