Citizens (NASDAQ:CIZN) Reaches New 1-Year High – Should You Buy?

Citizens Holding (NASDAQ:CIZN) hit a new 52-week high during trading on Wednesday . The company traded as high as $629.7483 and last traded at $629.7483, with a volume of 112463 shares trading hands. The stock had previously closed at $9.35.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on CIZN shares. Raymond James Financial set a $25.00 price objective on shares of Citizens in a research note on Monday, January 5th. Citigroup reissued a “market outperform” rating on shares of Citizens in a research note on Monday, January 5th. Finally, Canaccord Genuity Group raised Citizens to an “overweight” rating in a research note on Thursday, December 4th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $24.00.

Citizens Stock Up 1.3%

The firm’s fifty day moving average price is $8.12 and its 200-day moving average price is $7.32. The stock has a market cap of $53.54 million and a P/E ratio of 9.66.

Citizens Company Profile

Citizens Holding Company (NASDAQ:CIZN) is the bank holding company for Citizens Bank & Trust, a community‐focused financial institution headquartered in Guntersville, Alabama. Through its subsidiary, Citizens Bank & Trust, the company provides a full range of commercial and retail banking services to individuals, small businesses and corporate clients. Its offerings include deposit accounts, consumer and commercial loans, mortgage financing, and other traditional banking products.

In addition to core lending and deposit services, Citizens Bank & Trust offers wealth management and trust services, including investment advisory, retirement planning and estate administration.