Peoples Bancorp Inc (PEBO) Receives a Hold from Boenning & Scattergood

In a report released today, Scott Beury from Boenning & Scattergood maintained a Hold rating on Peoples Bancorp Inc (PEBOResearch Report). The company’s shares opened today at $30.65.

According to TipRanks.com, Beury is a 3-star analyst with an average return of 1.5% and a 47.8% success rate. Beury covers the Financial sector, focusing on stocks such as Orrstown Financial Services Inc, Citizens Financial Services Inc, and Farmers National Banc Corp Oh.

The word on The Street in general, suggests a Hold analyst consensus rating for Peoples Bancorp Inc.

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Based on Peoples Bancorp Inc’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $9.5 million. In comparison, last year the company had a net profit of $7.83 million.

Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is negative on the stock.

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Peoples Bancorp, Inc. operates as 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; life, health, property and casualty insurance products; brokerage services; and custom-tailored fiduciary, employee benefit plans and asset management & administration services. The company was founded in 1980 and is headquartered in Marietta, OH.