A statement released earlier today by Keefe, Bruyette & Woods about Cardinal Financial Corporation (NASDAQ:CFNL) bumps the target price to $27.00
- Updated: September 17, 2016
Reporting a possible upside of 0.02%, Keefe, Bruyette & Woods bumped the estimated target of Cardinal Financial Corporation (NASDAQ:CFNL) to $27.
Just yesterday Cardinal Financial Corporation (NASDAQ:CFNL) traded 0.85% lower at $26.37. Cardinal Financial Corporation’s 50-day average is $26.02 and its 200-day moving average is $22.52. The last close is up 14.00% relative to the two hundred day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. Trade volume was was up over the average, with 275,866 shares of CFNL changing hands over the typical 248,938 shares..
See Graph Below:
Cardinal Financial Corporation has a 52 week low of $17.51 and a one-year high of $28.16 with a P/E ratio of 18. Cardinal Financial Corporation’s market cap is presently $0.0.
Brief Synopsis On Cardinal Financial Corporation (NASDAQ:CFNL)
Cardinal Financial Corporation is a financial holding company. The Company owns Cardinal Bank (the Bank), a Virginia state-chartered community bank. The Bank operates in three business segments: commercial banking, mortgage banking and wealth management services. The commercial banking segment includes both commercial and consumer lending and provides customers such products as commercial loans, real estate loans, and other business financing and consumer loans. In addition, commercial banking segment provides customers with several choices of deposit products, including demand deposit accounts, savings accounts and certificates of deposit. The mortgage banking segment is engaged in the origination and acquisition of residential mortgages for sale into the secondary market. The wealth management services segment provides investment and financial advisory services to businesses and individuals, including financial planning, and retirement/estate planning and investment management.
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