Stephens Reiterates Equal Weight Rating on Eagle Bancorp (EGBN)

Stephens analyst Brody Preston reiterated an Equal Weight rating and $38.00 price target on Eagle Bancorp (NASDAQ: EGBN) following the company's 3Q earnings report. EGBN reported EPS of $1.28, and operating of $1.24, ahead of consensus of $0.76.

Overall, while 3Q PPNR was strong, and Preston is encouraged to see lower deferrals, the deferral percentage remains elevated compared to peers, which may temper the stock's reaction.

For an analyst ratings summary and ratings history on Eagle Bancorp click here. For more ratings news on Eagle Bancorp click here.

Shares of Eagle Bancorp closed at $29.99 yesterday.

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