News coverage about First Mid-Illinois Bancshares (NASDAQ:FMBH) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. First Mid-Illinois Bancshares earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave news headlines about the bank an impact score of 46.5632229033133 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
A number of equities research analysts recently issued reports on the stock. Sandler O’Neill assumed coverage on shares of First Mid-Illinois Bancshares in a research note on Thursday. They issued a “buy” rating and a $41.00 price target on the stock. Zacks Investment Research cut shares of First Mid-Illinois Bancshares from a “hold” rating to a “strong sell” rating in a research note on Monday, April 2nd. BidaskClub raised shares of First Mid-Illinois Bancshares from a “hold” rating to a “buy” rating in a research note on Thursday, March 22nd. Finally, DA Davidson raised shares of First Mid-Illinois Bancshares from a “neutral” rating to a “buy” rating and set a $37.00 price target on the stock in a research note on Friday, February 9th.
First Mid-Illinois Bancshares stock traded down $0.61 during trading on Friday, reaching $36.21. The company had a trading volume of 50,485 shares, compared to its average volume of 23,891. First Mid-Illinois Bancshares has a 1-year low of $31.05 and a 1-year high of $42.03. The stock has a market capitalization of $466.66, a P/E ratio of 16.17, a P/E/G ratio of 1.57 and a beta of 0.08. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.83 and a current ratio of 0.83.
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First Mid-Illinois Bancshares Company Profile
First Mid-Illinois Bancshares, Inc, through its subsidiaries, provides community banking products and services to commercial, retail, and agricultural customers in the United States. The company accepts various deposit products, such as demand deposits, savings accounts, NOW accounts, money market deposits, and time deposits.
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