--- title: "Hovde Group Increases Commercial Bancgroup (NASDAQ:CBK) Price Target to $39.50" type: "News" locale: "en" url: "https://longbridge.com/en/news/294351332.md" description: "Hovde Group raised its price target for Commercial Bancgroup (NASDAQ:CBK) from $34.00 to $39.50, maintaining an 'outperform' rating. This indicates a potential upside of 15.73%. Meanwhile, Weiss Ratings upgraded the stock from 'sell (e+)' to 'sell (d-)'. The consensus analyst rating remains 'Hold' with an average target price of $39.50." datetime: "2026-07-30T11:06:24.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294351332.md) - [en](https://longbridge.com/en/news/294351332.md) - [zh-HK](https://longbridge.com/zh-HK/news/294351332.md) generator: "portal-rs" --- # Hovde Group Increases Commercial Bancgroup (NASDAQ:CBK) Price Target to $39.50 Commercial Bancgroup (NASDAQ:CBK - Get Free Report) had its price objective boosted by equities researchers at Hovde Group from $34.00 to $39.50 in a research report issued on Thursday. The firm currently has an "outperform" rating on the stock. Hovde Group's price objective indicates a potential upside of 15.73% from the company's current price. Get **Commercial Bancgroup** alerts: Separately, Weiss Ratings upgraded Commercial Bancgroup from a "sell (e+)" rating to a "sell (d-)" rating in a report on Wednesday, July 1st. One equities research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Commercial Bancgroup presently has an average rating of "Hold" and a consensus target price of $39.50. **Check Out Our Latest Analysis on Commercial Bancgroup** ## Commercial Bancgroup Stock Down 1.5% Shares of CBK stock opened at $34.13 on Thursday. The firm has a fifty day moving average of $31.66 and a 200-day moving average of $28.44. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.24. Commercial Bancgroup has a 12-month low of $23.24 and a 12-month high of $35.57. The company has a market capitalization of $467.58 million and a price-to-earnings ratio of 11.69. Commercial Bancgroup (NASDAQ:CBK - Get Free Report) last posted its quarterly earnings data on Monday, July 27th. The company reported $0.75 EPS for the quarter. The business had revenue of $32.80 million for the quarter. Commercial Bancgroup had a net margin of 30.07% and a return on equity of 14.06%. ## Institutional Trading of Commercial Bancgroup A number of institutional investors have recently made changes to their positions in the business. Strs Ohio bought a new position in Commercial Bancgroup in the fourth quarter valued at $29,000. Police & Firemen s Retirement System of New Jersey acquired a new stake in Commercial Bancgroup in the 4th quarter valued at $46,000. State of Wyoming bought a new stake in Commercial Bancgroup during the 1st quarter worth about $72,000. MetLife Investment Management LLC acquired a new position in shares of Commercial Bancgroup during the 4th quarter worth about $103,000. Finally, State of Tennessee Department of Treasury acquired a new position in shares of Commercial Bancgroup during the 4th quarter worth about $145,000. ## Commercial Bancgroup Company Profile (Get Free Report) We are a bank holding company headquartered in Harrogate, Tennessee, and have elected under the Bank Holding Company Act of 1956, as amended (the “BHC Act”), to become a financial holding company. We were incorporated in Tennessee in 1975, and we operate primarily through our wholly owned bank subsidiary, Commercial Bank, a Tennessee banking corporation organized in 1976. The Bank is a full-service community banking institution that offers traditional consumer and commercial products and services to serve businesses and individuals in select markets in Kentucky, North Carolina, and Tennessee. ## Recommended Stories - Five stocks we like better than Commercial Bancgroup - Why SK hynix Could Be the Best AI Chip Stock to Buy Now - Seagate Technology Stock Surges as Earnings Beat Silences AI Doubters - Alphabet Is Down 18% From Its High After a Stellar Quarter—Overdone, or More Downside Ahead? - Why Bloom Energy May Be the Most Important AI Infrastructure Stock *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 Commercial Bancgroup Right Now? Before you consider Commercial Bancgroup, 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 Commercial Bancgroup wasn't on the list. While Commercial Bancgroup currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [CBK.US](https://longbridge.com/en/quote/CBK.US.md) - [MET.US](https://longbridge.com/en/quote/MET.US.md) - [SKHY.US](https://longbridge.com/en/quote/SKHY.US.md) - [STX.US](https://longbridge.com/en/quote/STX.US.md) - [GOOGL.US](https://longbridge.com/en/quote/GOOGL.US.md) - [GOOG.US](https://longbridge.com/en/quote/GOOG.US.md) - [BE.US](https://longbridge.com/en/quote/BE.US.md) - [MET-A.US](https://longbridge.com/en/quote/MET-A.US.md) - [MET-F.US](https://longbridge.com/en/quote/MET-F.US.md) - [MET-E.US](https://longbridge.com/en/quote/MET-E.US.md) ## Related News & Research - [Commercial Bancgroup Executive Chairperson John Adam Robertson acquires 70 common shares for $2,287.95](https://longbridge.com/en/news/300356194.md) - [Tesla's Q3 Beat Wins Praise From HSBC but Analyst Still Says 'Sell' on TSLA Stock](https://longbridge.com/en/news/300921335.md) - [ROI-Oil's new problem isn't supply. It's logistics: Bousso](https://longbridge.com/en/news/300903866.md) - [ConocoPhillips sees oil price floor rising to $70 a barrel, chairman says](https://longbridge.com/en/news/300916819.md) - [TECHNICALS-US oil may retest support at $88.78](https://longbridge.com/en/news/300892493.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**