Avidbank (OTCMKTS:AVBH - Free Report) had its price target raised by Piper Sandler from $24.00 to $25.00 in a report issued on Wednesday morning,Benzinga reports. They currently have an overweight rating on the stock.
Separately, Janney Montgomery Scott upgraded shares of Avidbank from a "neutral" rating to a "buy" rating and set a $26.00 target price on the stock in a research report on Tuesday, November 12th.
Check Out Our Latest Research Report on Avidbank
Avidbank Trading Up 2.1 %
AVBH traded up $0.45 on Wednesday, hitting $22.30. 747 shares of the stock traded hands, compared to its average volume of 2,034. Avidbank has a 52 week low of $18.16 and a 52 week high of $22.49. The firm has a market capitalization of $176.17 million, a PE ratio of 10.72 and a beta of 0.69. The business has a fifty day moving average price of $21.52 and a two-hundred day moving average price of $20.37.
Avidbank (OTCMKTS:AVBH - Get Free Report) last posted its earnings results on Monday, January 27th. The company reported $0.84 earnings per share for the quarter, beating analysts' consensus estimates of $0.67 by $0.17. On average, equities research analysts forecast that Avidbank will post 2.71 EPS for the current fiscal year.
About Avidbank
(
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Avidbank Holdings, Inc operates as a bank holding company for Avidbank that provides financial products and services to businesses and individuals in the Santa Clara, San Mateo, and San Francisco counties. The company offers business and personal deposit products, such as checking, money market, and savings accounts; and certificates of deposit.
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