Civista Bancshares – Consensus Indicates Potential 6.2% Upside

Broker Ratings

Civista Bancshares with ticker code (CIVB) now have 6 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 24 and 17 with a mean TP of 19.75. Now with the previous closing price of 18.6 this indicates there is a potential upside of 6.2%. The 50 day moving average now sits at 17.87 and the 200 moving average now moves to 15.13. The company has a market cap of $294m. You can visit the company’s website by visiting: http://www.civb.com

Civista Bancshares operates as the financial holding company for Civista Bank that provides community banking services. The company collects a range of customer deposits; and offers commercial, commercial and residential real estate mortgage, real estate construction, and consumer loans, as well as letters of credit. It also purchases securities; and provides trust and third party insurance services. The company operates branch banking offices in Ohio communities, including Sandusky, Norwalk, Berlin Heights, Huron, Port Clinton, Castalia, New Washington, Shelby, Willard, Greenwich, Plymouth, Shiloh, Akron, Dublin, Plain City, Russells Point, Urbana, West Liberty, Quincy, Dayton, and Beachwood; and Indiana communities comprising Lawrenceburg, Aurora, West Harrison, Milan, Osgood, and Versailles. It also operates loan production offices Westlake, Ohio; and Fort Mitchell, Kentucky. The company was formerly known as First Citizens Banc Corp and changed its name to Civista Bancshares in May 2015. Civista Bancshares was founded in 1884 and is headquartered in Sandusky, Ohio.

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