▼ -15.86% Downside Potential
This price target is based on 4 analysts offering 12 month price targets for Peoples Bancorp in the last 3 months. The average price target is $29.50, with a high forecast of $36.00 and a low forecast of $21.50. The average price target represents a -15.86% upside from the last price of $35.06.
The current consensus among 4 polled investment analysts is to buy stock in Peoples Bancorp. This rating has held steady since November 2019, when it changed from a Hold consensus rating.
Peoples Bancorp Inc. operates as the holding company for Peoples Bank that provides commercial and retail banking products and services. The company accepts various deposit products, including demand deposit accounts, savings accounts, money market accounts, and certificates of deposit; and provides commercial real estate construction loans, other commercial real estate loans, commercial and industrial loans, residential real estate loans, home equity lines of credit, and indirect and other consumer loans. It also offers overdraft protection services; debit and automated teller machine (ATM) cards; corporate and personal trust services; safe deposit rental facilities; money orders and cashier's checks; and telephone, mobile, and Internet-based banking services. In addition, the company provides various life, health, and property and casualty insurance products; and fiduciary and asset management and administration services, as well as employee benefit plans. Further, it offers brokerage services through an unaffiliated registered broker-dealers; and credit cards to individuals and businesses, as well as provides merchant credit card transaction processing services through joint marketing arrangements with third parties. As of December 31, 2019, the company operated 88 locations, including 77 full-service bank branches and 85 ATMs in Ohio, West Virginia, and Kentucky. Peoples Bancorp Inc. was founded in 1902 and is based in Marietta, Ohio.