Piper Sandler raised the firm’s price target on Civista Bancshares (CIVB) to $21 from $19 and keeps a Neutral rating on the shares. The firm notes Civista reported Q3 EPS of 53c, and after ex-securities gains and a BOLI event, core came in at 50c. This was a solid 7c ahead of Piper’s estimate and beat consensus at 44c.
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Read More on CIVB:
- Civista Bancshares price target raised to $21 from $18 at Stephens
- Civista Bancshares Reports Q3 2024 Financial Results
- Civista Bancshares upgraded to Outperform from Market Perform at Hovde Group
- Civista Bancshares reports Q3 EPS 53c, consensus 44c
- CIVB Earnings Report this Week: Is It a Buy, Ahead of Earnings?