Middlefield Banc Corp (NASDAQ:MBCN) has received an average broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold rating.
Analysts have set a 12 month consensus price objective of $38.00 for the company, according to Zacks. Zacks has also assigned Middlefield Banc Corp an industry rank of 151 out of 265 based on the ratings given to its competitors.
Separately, Keefe, Bruyette & Woods boosted their price objective on shares of Middlefield Banc Corp from $37.00 to $38.00 and gave the company a “market perform” rating in a research note on Monday, August 1st.
Shares of Middlefield Banc Corp (NASDAQ:MBCN) opened at 34.50 on Friday. The firm has a market capitalization of $77.52 million, a PE ratio of 9.56 and a beta of -0.03. The firm has a 50-day moving average price of $33.71 and a 200-day moving average price of $32.64. Middlefield Banc Corp has a 1-year low of $27.37 and a 1-year high of $34.75.
Middlefield Banc Corp Company Profile
Middlefield Banc Corp. is a bank holding company. The Company’s subsidiaries include The Middlefield Banking Company (MBC) and EMORECO Inc MBC is engaged in the general commercial banking business in northeastern and central Ohio. MBC offers customers a range of banking services, including checking, savings, money market accounts, time certificates of deposit, commercial loans, real estate loans, various consumer loans, safe deposit facilities and travelers’ checks.
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