“Coastal Financial Corporation” (CCB) Receiving Somewhat Positive Media Coverage, Study Finds
Headlines about “Coastal Financial Corporation” (NYSE:CCB) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. “Coastal Financial Corporation” earned a news sentiment score of 0.04 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 45.061253243301 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
“Coastal Financial Corporation” stock opened at $16.14 on Friday. “Coastal Financial Corporation” has a 52-week low of $15.50 and a 52-week high of $16.75.
Several equities analysts have recently commented on the stock. Keefe, Bruyette & Woods assumed coverage on shares of “Coastal Financial Corporation” in a report on Sunday, August 12th. They issued a “market perform” rating and a $17.00 target price on the stock. Hovde Group assumed coverage on shares of “Coastal Financial Corporation” in a report on Monday, August 13th. They issued an “outperform” rating and a $20.00 target price on the stock.
Coastal Financial Corporation operates as the bank holding company for Coastal Community Bank that provides various banking products and services to consumers and small to medium sized businesses in the Puget Sound region in Washington. It generates a range of deposit products, including checking and savings accounts, time deposits, and money market accounts.
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