Boenning & Scattergood analyst Matthew Schultheis maintained a Hold rating on City Holding Company (NASDAQ: CHCO) today. The company’s shares closed yesterday at $70.92.
According to TipRanks.com, Schultheis is a 3-star analyst with an average return of 3.2% and a 50.7% success rate. Schultheis covers the Financial sector, focusing on stocks such as Orrstown Financial Services Inc, Citizens Financial Services Inc, and Fulton Financial Corp.
The word on The Street in general, suggests a Hold analyst consensus rating for City Holding Company with a $78 average price target.
See today’s analyst top recommended stocks >>
Based on City Holding Company’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $20.49 million. In comparison, last year the company had a net profit of $13.78 million.
Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
City Holding Co. engages in the provision of financial and community banking services. It offers savings and checking accounts, credit and debit cards, loans, online and mobile banking, commercial and mortgage loans, trust services, and wealth management services. The company was founded in March 12, 1982 and is headquartered in Charleston, WV.
