Eagle Financial Services (NASDAQ:EFSI) Coverage Initiated by Analysts at DA Davidson

DA Davidson initiated coverage on shares of Eagle Financial Services (NASDAQ:EFSI) in a research report sent to investors on Tuesday morning,Benzinga reports. The brokerage issued a buy rating and a $40.00 price objective on the stock.

Eagle Financial Services Stock Down 0.7 %

Shares of NASDAQ:EFSI opened at $32.40 on Tuesday. The stock has a market capitalization of $116.06 million, a PE ratio of 7.50 and a beta of 0.53. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 1.69. Eagle Financial Services has a fifty-two week low of $27.02 and a fifty-two week high of $36.93.

Insider Activity

In related news, Director Thomas T. Gilpin acquired 1,000 shares of the firm’s stock in a transaction that occurred on Friday, February 7th. The shares were purchased at an average price of $32.00 per share, with a total value of $32,000.00. Following the completion of the acquisition, the director now owns 50,490 shares in the company, valued at approximately $1,615,680. This represents a 2.02 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 12.28% of the company’s stock.

Eagle Financial Services Company Profile

Eagle Financial Services, Inc operates as the bank holding company for Bank of Clarke County that provides various retail and commercial banking products and services in the Shenandoah Valley and Northern Virginia. The company’s deposit products include checking, NOW, money market, and regular savings accounts; and demand and time deposits.