Citizens (NASDAQ:CIZN) Stock Price Passes Above 200-Day Moving Average – What’s Next?

Citizens Holding (NASDAQ:CIZN)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $9.38 and traded as high as $10.62. Citizens shares last traded at $10.62, with a volume of 2,165 shares changing hands.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft set a $18.00 target price on Citizens in a research report on Thursday, May 28th. Citigroup reaffirmed a “market outperform” rating on shares of Citizens in a research report on Tuesday, July 28th. UBS Group set a $27.00 price target on Citizens in a research note on Monday, July 20th. Finally, CLSA set a $8.00 price objective on Citizens in a report on Monday, July 20th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $20.20.

Citizens Price Performance

The stock has a market capitalization of $60.93 million, a P/E ratio of 10.92 and a beta of 0.05. The stock has a fifty day moving average price of $9.80 and a 200 day moving average price of $9.39.

Citizens Company Profile

Citizens Holding Company (NASDAQ:CIZN) is the bank holding company for Citizens Bank & Trust, a community‐focused financial institution headquartered in Guntersville, Alabama. Through its subsidiary, Citizens Bank & Trust, the company provides a full range of commercial and retail banking services to individuals, small businesses and corporate clients. Its offerings include deposit accounts, consumer and commercial loans, mortgage financing, and other traditional banking products.

In addition to core lending and deposit services, Citizens Bank & Trust offers wealth management and trust services, including investment advisory, retirement planning and estate administration.