DA Davidson Raises Price Target for CB Financial Services to $32.00

Friday, Jul 25, 2025 6:39 am ET1min read

DA Davidson has raised the price target for CB Financial Services (CBFV) from $30.00 to $32.00, reflecting a 6.67% increase. The investment firm maintained its "Neutral" rating, indicating a stable outlook without significant anticipated short-term fluctuations. Analysts forecast an average target price of $34.00, implying a 4.10% upside from the current price. The estimated GF Value for CBFV in one year is $25.27, suggesting a 22.63% downside from the current price.

DA Davidson has increased the price target for CB Financial Services (CBFV) from $30.00 to $32.00, reflecting a 6.67% increase. The investment firm maintained its "Neutral" rating, suggesting a stable outlook without significant anticipated short-term fluctuations. Analysts forecast an average target price of $34.00, implying a 4.10% upside from the current price. The estimated GF Value for CBFV in one year is $25.27, suggesting a 22.63% downside from the current price.

CB Financial Services reported strong financial results for the second quarter of 2025, with revenue growing by 11% to $13.5 million and net income increasing by 49% to $3.95 million. The company's profit margin improved to 29%, up from 22% in the same period last year. Earnings per share (EPS) also rose to $0.77, compared to $0.52 in the previous quarter. These results exceeded analyst expectations, with revenue surpassing estimates by 4.2% and EPS beating estimates by 76%.

The company's shares have been trading at $31.27, and the average analyst target price is $34.00, indicating a potential upside of 8.73%. However, the estimated GF Value suggests a downside of 19.19% in one year. CB Financial Services is currently undergoing a commercial transformation, which is contributing to enhanced growth and net interest margins. Additionally, the company is investing in a Treasury Platform anticipated to improve funding capabilities, forecasting a boost in profitability and growth starting in the fourth quarter.

In other recent news, Keefe Bruyette upgraded CB Financial Services' rating from Market Perform to Outperform and raised its price target to $39.00. The firm noted that CB Financial Services' strong earnings and revenue growth highlight the company's ability to outperform expectations.

References:
[1] https://www.gurufocus.com/news/3001423/cb-financial-services-cbfv-sees-increased-price-target-and-growth-potential-cbfv-stock-news
[2] https://sg.finance.yahoo.com/news/cb-financial-services-second-quarter-103214029.html
[3] https://www.investing.com/news/analyst-ratings/ssc-technologies-stock-maintains-buy-rating-at-da-davidson-on-strong-q2-93CH-4152376
[4] https://www.gurufocus.com/news/3002610/cbfv-da-davidson-raises-price-target-for-cb-financial-services-cbfv-stock-news
[5] https://www.gurufocus.com/news/2999760/cbfv-stock-receives-upgrade-and-increased-price-target-cbfv-stock-news

DA Davidson Raises Price Target for CB Financial Services to $32.00

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