City Holding Company Receives a Hold from Boenning & Scattergood


In a report released today, Matthew Schultheis from Boenning & Scattergood maintained a Hold rating on City Holding Company (NASDAQ: CHCO). The company’s shares closed yesterday at $72.91.

According to TipRanks.com, Schultheis is a 4-star analyst with an average return of 9.5% and a 80.7% success rate. Schultheis covers the Financial sector, focusing on stocks such as Orrstown Financial Services Inc, Citizens Financial Services Inc, and Provident Financial Services.

City Holding Company has an analyst consensus of Hold, with a price target consensus of $74.

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City Holding Company’s market cap is currently $1.13B and has a P/E ratio of 20.37. The company has a Price to Book ratio of 2.29.

Based on the recent corporate insider activity of 48 insiders, corporate insider sentiment is negative on the stock. Earlier this month, Charles Hageboeck, the President & CEO of CHCO bought 6,803 shares for a total of $256,745.

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.

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