Citizens & Northern (NASDAQ:CZNC) Raised to Strong-Buy at Zacks Research

Citizens & Northern (NASDAQ:CZNC - Get Free Report) was upgraded by research analysts at Zacks Research from a "hold" rating to a "strong-buy" rating in a report released on Thursday,Zacks.com reports.CZNC has been the subject of several other reports. Weiss Ratings raised Citizens & Northern from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, January 15th. Janney Montgomery Scott raised Citizens & Northern to a "hold" rating in a report on Wednesday, October 22nd. Finally, Piper Sandler upped their target price on shares of Citizens & Northern from $22.50 to $23.50 and gave the company a "neutral" rating in a research report on Thursday. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Citizens & Northern has an average rating of "Moderate Buy" and an average price target of $23.50.Get Citizens & Northern alerts:Check Out Our Latest Stock Analysis on Citizens & NorthernCitizens & Northern Stock Up 1.9%Shares of NASDAQ:CZNC opened at $22.76 on Thursday. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.59. The firm has a market cap of $405.17 million, a P/E ratio of 12.93 and a beta of 0.56. Citizens & Northern has a 12 month low of $18.02 and a 12 month high of $22.86. The company's 50-day moving average price is $20.91 and its two-hundred day moving average price is $20.02. Institutional Trading of Citizens & NorthernA number of hedge funds have recently modified their holdings of CZNC. Russell Investments Group Ltd. grew its holdings in Citizens & Northern by 521.1% during the third quarter. Russell Investments Group Ltd. now owns 1,708 shares of the financial services provider's stock valued at $34,000 after purchasing an additional 1,433 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Citizens & Northern in the 2nd quarter valued at $58,000. Tower Research Capital LLC TRC increased its position in shares of Citizens & Northern by 596.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,432 shares of the financial services provider's stock valued at $65,000 after buying an additional 2,939 shares in the last quarter. CWM LLC raised its stake in Citizens & Northern by 210.2% during the 3rd quarter. CWM LLC now owns 3,574 shares of the financial services provider's stock worth $71,000 after buying an additional 2,422 shares during the period. Finally, BNP Paribas Financial Markets lifted its holdings in Citizens & Northern by 62.9% during the third quarter. BNP Paribas Financial Markets now owns 3,604 shares of the financial services provider's stock worth $71,000 after acquiring an additional 1,391 shares in the last quarter. 30.83% of the stock is currently owned by institutional investors and hedge funds. About Citizens & Northern (Get Free Report)Citizens & Northern Corporation is the bank holding company for Citizens & Northern Bank, a community-oriented financial institution headquartered in Wellsboro, Pennsylvania. Chartered in 1888, the company has cultivated deep roots in north central Pennsylvania and selected counties in upstate New York, offering a broad spectrum of banking services tailored to individuals, families and local businesses. Through its flagship banking subsidiary, Citizens & Northern provides personal deposit products such as checking and savings accounts, certificates of deposit and money market accounts.Featured ArticlesFive stocks we like better than Citizens & NorthernDo not delete, read immediatelyNEW LAW: Congress Approves Setup For Digital Dollar?“Fed Proof” Your Bank Account with THESE 4 Simple StepsA U.S. “birthright” claim worth trillions - activated quietlyThe Crash Has Already Started (Most Just Don’t See It Yet)This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Citizens & Northern Right Now?Before you consider Citizens & Northern, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Citizens & Northern wasn't on the list.While Citizens & Northern currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here