Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Eastern Virginia Bankshares (EVBS) Share Price
Headlines about Eastern Virginia Bankshares (NASDAQ:EVBS) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Eastern Virginia Bankshares earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 45.4652985605088 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of Eastern Virginia Bankshares (NASDAQ:EVBS) opened at 11.01 on Monday. Eastern Virginia Bankshares has a 12-month low of $6.86 and a 12-month high of $11.71. The company has a 50-day moving average of $10.92 and a 200 day moving average of $10.59.
A number of research analysts have recently commented on EVBS shares. Zacks Investment Research raised shares of Eastern Virginia Bankshares from a “hold” rating to a “buy” rating and set a $12.00 target price on the stock in a research report on Friday, June 23rd. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $11.00 price target on shares of Eastern Virginia Bankshares in a report on Friday, June 2nd.
Eastern Virginia Bankshares Company Profile
Eastern Virginia Bankshares, Inc is a bank holding company. The Company operates through its bank subsidiary, EVB (the Bank). EVB is a community bank focusing on small to medium-sized businesses and consumers in its coastal plain markets and the emerging suburbs outside of the Richmond, Tidewater, and southern Virginia areas.
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