Eagle Financial Services (NASDAQ:EFSI) Stock Price Expected to Rise, Keefe, Bruyette & Woods Analyst Says

Eagle Financial Services (NASDAQ:EFSI) had its price objective increased by equities researchers at Keefe, Bruyette & Woods from $42.00 to $43.00 in a research report issued on Thursday,Benzinga reports. The firm presently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ target price would indicate a potential upside of 12.24% from the stock’s current price.

Other analysts have also issued reports about the stock. Weiss Ratings restated a “hold (c+)” rating on shares of Eagle Financial Services in a research note on Monday, December 29th. DA Davidson downgraded shares of Eagle Financial Services from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 20th. Finally, Wall Street Zen cut Eagle Financial Services from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Eagle Financial Services presently has an average rating of “Hold” and an average target price of $41.50.

Eagle Financial Services Stock Up 0.4%

Shares of NASDAQ:EFSI opened at $38.31 on Thursday. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.37. The stock has a fifty day simple moving average of $39.21 and a two-hundred day simple moving average of $37.06. Eagle Financial Services has a 12-month low of $28.70 and a 12-month high of $41.12. The stock has a market capitalization of $206.11 million, a price-to-earnings ratio of 29.47 and a beta of 0.21.

Eagle Financial Services (NASDAQ:EFSI) last issued its quarterly earnings results on Monday, January 26th. The company reported $0.81 earnings per share for the quarter. The firm had revenue of $21.76 million during the quarter. Eagle Financial Services had a return on equity of 9.99% and a net margin of 7.76%.

Institutional Trading of Eagle Financial Services

A number of hedge funds have recently bought and sold shares of EFSI. Russell Investments Group Ltd. bought a new stake in shares of Eagle Financial Services during the 3rd quarter valued at about $26,000. Police & Firemen s Retirement System of New Jersey purchased a new position in shares of Eagle Financial Services in the second quarter worth approximately $32,000. BNP Paribas Financial Markets grew its position in Eagle Financial Services by 82.8% during the third quarter. BNP Paribas Financial Markets now owns 1,188 shares of the company’s stock valued at $45,000 after buying an additional 538 shares during the period. CWM LLC purchased a new stake in Eagle Financial Services during the third quarter valued at approximately $45,000. Finally, Daytona Street Capital LLC bought a new position in Eagle Financial Services in the fourth quarter worth approximately $60,000. Hedge funds and other institutional investors own 0.31% of the company’s stock.

About Eagle Financial Services

Eagle Financial Services, Inc (NASDAQ: EFSI) is the bank holding company for Eagle National Bank, a community-oriented financial institution headquartered in Fredericksburg, Virginia. The company offers a broad range of retail and commercial banking solutions, focusing on personalized service for individuals, small businesses, and nonprofit organizations. Through its subsidiary, Eagle National Bank, it maintains a commitment to local decision-making and relationship-driven service.

Eagle Financial Services provides deposit products including checking and savings accounts, money market funds, certificates of deposit, and individual retirement accounts.