Piper Sandler analyst Casey Whitman maintained a Buy rating on Capital Bancorp (CBNK – Research Report) today and set a price target of $25.00. The company’s shares closed yesterday at $19.93.
According to TipRanks, Whitman is a 4-star analyst with an average return of 8.6% and a 55.93% success rate. Whitman covers the Financial sector, focusing on stocks such as Eagle Bancorp, Stock Yards Bancorp, and Southern First Bancshares.
Currently, the analyst consensus on Capital Bancorp is a Moderate Buy with an average price target of $26.00.
The company has a one-year high of $24.90 and a one-year low of $14.94. Currently, Capital Bancorp has an average volume of 21.51K.
Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CBNK in relation to earlier this year. Last month, Fred Joseph Lewis, a Director at CBNK bought 5,400.00 shares for a total of $78,516.00.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Capital Bancorp (CBNK) Company Description:
Capital Bancorp, Inc. is a holding company, which engages in the provision of financial services. It offers cash management, commercial lending, consumer credit and residential mortgage loans. The company was founded in 1988 and is headquartered in Rockville, MD.
Read More on CBNK:
- CBNK Earnings this Week: How Will it Perform?
- Capital Bank Welcomes Anguel Lindarev as Chief Information Officer
- Capital Bancorp appoints Anguel Lindarev as EVP, CIO, effective immediately
- Capital Bancorp upgraded to Overweight from Equal Weight at Stephens
- Capital Bancorp, Inc. Announces Acquisition of Integrated Financial Holdings, Inc.
