Brokerages Set $5.50 Price Target for Riverview Bancorp, Inc. (NASDAQ:RVSB)
Riverview Bancorp, Inc. (NASDAQ:RVSB) has been assigned an average broker rating score of 2.00 (Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a buy rating.
Brokers have set a 12 month consensus price target of $5.50 for the company and are anticipating that the company will post $0.11 EPS for the current quarter, according to Zacks. Zacks has also given Riverview Bancorp an industry rank of 195 out of 254 based on the ratings given to its competitors.
RVSB has been the topic of several research reports. Zacks Investment Research downgraded Riverview Bancorp from a “hold” rating to a “sell” rating in a research report on Wednesday, March 18th. ValuEngine downgraded Riverview Bancorp from a “hold” rating to a “sell” rating in a research note on Wednesday, April 1st.
NASDAQ:RVSB opened at $5.25 on Wednesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.94 and a current ratio of 0.94. The stock has a market capitalization of $119.43 million, a PE ratio of 7.61 and a beta of 0.91. Riverview Bancorp has a fifty-two week low of $4.05 and a fifty-two week high of $8.70. The company has a fifty day moving average of $5.16 and a two-hundred day moving average of $6.22.
Riverview Bancorp (NASDAQ:RVSB) last released its quarterly earnings results on Thursday, May 7th. The savings and loans company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.02). The company had revenue of $13.94 million for the quarter, compared to analyst estimates of $14.10 million. Riverview Bancorp had a return on equity of 10.93% and a net margin of 25.05%. Research analysts forecast that Riverview Bancorp will post 0.55 earnings per share for the current year.
Riverview Bancorp Company Profile
Riverview Bancorp, Inc operates as the holding company for Riverview Community Bank that provides community banking services to small and medium size businesses, professionals, and individuals. It offers a range of deposit products, including demand deposits, negotiable order of withdrawal accounts, money market accounts, savings accounts, certificates of deposit, and retirement savings plans.
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