John Marshall Bancorp (NASDAQ:JMSB) Given New $25.00 Price Target at Keefe, Bruyette & Woods

John Marshall Bancorp (NASDAQ:JMSBGet Free Report) had its target price lifted by investment analysts at Keefe, Bruyette & Woods from $24.00 to $25.00 in a research report issued on Monday,Benzinga reports. The firm presently has an “outperform” rating on the stock. Keefe, Bruyette & Woods’ target price would suggest a potential upside of 9.63% from the company’s previous close.

Other analysts have also recently issued reports about the stock. Raymond James Financial initiated coverage on shares of John Marshall Bancorp in a research note on Tuesday, April 14th. They set a “strong-buy” rating and a $24.00 price objective for the company. Zacks Research upgraded John Marshall Bancorp to a “hold” rating in a report on Thursday, April 16th. Finally, Weiss Ratings raised John Marshall Bancorp from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, May 21st. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $24.50.

Check Out Our Latest Report on John Marshall Bancorp

John Marshall Bancorp Trading Up 2.1%

Shares of NASDAQ JMSB traded up $0.47 during midday trading on Monday, reaching $22.80. 6,966 shares of the stock were exchanged, compared to its average volume of 35,697. The stock has a 50 day moving average price of $21.65 and a 200-day moving average price of $20.79. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.30. The company has a market capitalization of $321.78 million, a P/E ratio of 13.18 and a beta of 0.59. John Marshall Bancorp has a 52-week low of $18.02 and a 52-week high of $23.39.

John Marshall Bancorp (NASDAQ:JMSBGet Free Report) last posted its quarterly earnings data on Wednesday, July 22nd. The company reported $0.50 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.06. John Marshall Bancorp had a net margin of 20.41% and a return on equity of 9.24%. The company had revenue of $18.78 million during the quarter, compared to the consensus estimate of $17.41 million. Equities research analysts expect that John Marshall Bancorp will post 1.85 earnings per share for the current fiscal year.

Institutional Trading of John Marshall Bancorp

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Strs Ohio bought a new position in John Marshall Bancorp during the first quarter worth $26,000. Hingham Institution for Savings bought a new stake in John Marshall Bancorp during the fourth quarter valued at $100,000. Raymond James Financial Inc. bought a new stake in John Marshall Bancorp during the second quarter valued at $104,000. Osaic Holdings Inc. acquired a new stake in shares of John Marshall Bancorp during the second quarter worth $193,000. Finally, JPMorgan Chase & Co. raised its holdings in shares of John Marshall Bancorp by 21.8% during the third quarter. JPMorgan Chase & Co. now owns 11,548 shares of the company’s stock worth $229,000 after purchasing an additional 2,063 shares during the period. 39.09% of the stock is owned by institutional investors.

About John Marshall Bancorp

(Get Free Report)

John Marshall Bancorp, Inc is the bank holding company for John Marshall Bank. The Bank is headquartered in Reston, Virginia with eight full-service branches located in Alexandria, Arlington, Loudoun, Prince William, Reston, and Tysons, Virginia, as well as Rockville, Maryland, and Washington, DC The Bank is dedicated to providing exceptional value, personalized service and convenience to local businesses and professionals in the Washington, DC Metropolitan area.
 
The Bank offers a comprehensive line of sophisticated banking products and services that rival those of the largest banks along with experienced staff to help achieve customers’ financial goals.

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