Media coverage about ConnectOne Bancorp (NASDAQ:CNOB) has trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. ConnectOne Bancorp earned a news sentiment score of 0.22 on Accern’s scale. Accern also gave news headlines about the financial services provider an impact score of 45.6158152487957 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
A number of analysts have recently issued reports on CNOB shares. Keefe, Bruyette & Woods reissued a “buy” rating and set a $32.00 target price on shares of ConnectOne Bancorp in a research note on Thursday, October 26th. Zacks Investment Research raised shares of ConnectOne Bancorp from a “sell” rating to a “hold” rating and set a $30.00 price objective for the company in a research note on Monday, October 30th. BidaskClub lowered shares of ConnectOne Bancorp from a “hold” rating to a “sell” rating in a research report on Thursday, July 27th. Finally, Piper Jaffray Companies reissued a “buy” rating and set a $29.00 price target on shares of ConnectOne Bancorp in a research report on Thursday, October 12th. Two equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $30.38.
ConnectOne Bancorp (CNOB) traded up $0.10 on Friday, hitting $26.60. 60,703 shares of the stock traded hands, compared to its average volume of 102,248. ConnectOne Bancorp has a 12-month low of $21.04 and a 12-month high of $27.40. The company has a current ratio of 0.98, a quick ratio of 0.95 and a debt-to-equity ratio of 0.10. The firm has a market capitalization of $851.61, a P/E ratio of 15.85 and a beta of 0.97.
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About ConnectOne Bancorp
ConnectOne Bancorp, Inc is a bank holding company of ConnectOne Bank (the Bank). The Bank is a community-based, full-service New Jersey-chartered commercial bank. The Bank offers a range of deposit and loan products. In addition, to attract the business of consumer and business customers, it also provides an array of other banking services.
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