QNB (NASDAQ:QNBC) Stock Rating Upgraded by Brean Capital

QNB (NASDAQ:QNBC – Get Free Report) was upgraded by equities research analysts at Brean Capital to a “strong-buy” rating in a report issued on Wednesday, Zacks reports.

A number of other research firms have also recently weighed in on QNBC. Wall Street Zen raised shares of QNB to a “hold” rating in a research note on Saturday, October 3rd. Weiss Ratings assumed coverage on shares of QNB in a report on Friday, August 28th. They issued a “hold (c)” rating for the company. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy”.

Check Out Our Latest Stock Analysis on QNB

QNB Stock Down 0.1%

Shares of NASDAQ:QNBC opened at $45.75 on Wednesday. QNB has a fifty-two week low of $34.00 and a fifty-two week high of $46.60. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.29. The firm’s 50-day simple moving average is $45.03 and its 200-day simple moving average is $42.24. The company has a market cap of $279.07 million, a price-to-earnings ratio of 13.58 and a beta of 0.43.

QNB (NASDAQ:QNBC – Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.60 earnings per share (EPS) for the quarter. The firm had revenue of $20.49 million during the quarter. QNB had a net margin of 12.40% and a return on equity of 13.96%.

About QNB

(Get Free Report)

QNB Corp. is a bank holding company headquartered in Quakertown, Pennsylvania. Through its principal subsidiary, QNB Bank, the company provides community banking services to individuals, families, businesses and organizations in eastern Pennsylvania.

QNB Bank offers deposit products, residential and commercial real estate lending, consumer loans and business financing. Its services also include digital banking, cash management and other financial solutions designed to support personal and commercial banking needs.

Founded in 1877, QNB has developed a branch network serving communities primarily in Bucks, Lehigh, Montgomery and Northampton counties.

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