The ChoiceOne Financial Services Inc (COFS) share price is expected to decrease by 1.28% over the next year. This is based on calculating the average 12-month share price estimate provided by 1 stock analysts who have covered COFS. Price targets range from $37 at the low end to $37 at the high end. The current analyst consensus for COFS is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 1 Wall Street analysts have assigned COFS 1 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect ChoiceOne Financial Services Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on COFS. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of COFS.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Jeff Rulis DA Davidson | Buy | $37 | Initiates | Oct 18, 2024 |
Daniel Cardenas Janney Montgomery Scott | Neutral | $24 | Initiates | Sep 27, 2023 |
When did it IPO
2000
Staff Count
371
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. Kelly J. Potes CFP
Market Cap
$335.7M
In 2023, COFS generated $80.8M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that COFS's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Kahn Swick & Foti is investigating the proposed sale of Fentura Financial (OTC: FETM) to ChoiceOne Financial (NasdaqCM: COFS), where Fentura shareholders would receive 1.35 shares of ChoiceOne per share owned.
Why It Matters - The investigation into Fentura Financial's sale to ChoiceOne could affect shareholder value and the perceived fairness of the transaction, impacting investor confidence and stock prices.
Summary - ChoiceOne Financial Services, Inc. (NASDAQ: COFS) announced its financial results for Q3 2024, ending September 30. Further details on performance were not provided in the excerpt.
Why It Matters - ChoiceOne's quarterly financial results can impact stock performance, affecting investor sentiment and market valuation of COFS. Positive results may lead to price appreciation, while negative results can trigger declines.
Summary - ChoiceOne Financial Services, Inc. (COFS) reported Q3 earnings of $0.93 per share, surpassing the Zacks estimate of $0.74 and up from $0.68 per share year-over-year.
Why It Matters - ChoiceOne Financial's strong earnings beat signals robust financial health and growth, potentially boosting investor confidence and influencing stock performance positively.
Summary - Top Wall Street analysts have updated their outlook on several major stocks. For detailed ratings changes, visit the analyst ratings page for comprehensive information.
Why It Matters - Analyst rating changes can influence stock prices, reflecting shifts in market sentiment and potential investment opportunities or risks for specific companies.
Summary - Halper Sadeh LLC is investigating the fairness of the merger between ChoiceOne Financial Services, Inc. (NASDAQ: COFS) and Fentura Financial, Inc. for ChoiceOne shareholders.
Why It Matters - The investigation into the merger's fairness could impact shareholder value and market perception, potentially leading to volatility in ChoiceOne's stock price.
Summary - ChoiceOne Financial Services and ChoiceOne Bank received the 2023 Lender of the Year Award from the Michigan Certified Development Corporation, recognizing their lending achievements.
Why It Matters - Recognition as Lender of the Year enhances ChoiceOne's reputation, potentially attracting more clients and boosting financial performance, which can positively impact stock value.