LCNB Corp. (LCNB) is Downgraded by FBR & Co. to Mkt Perform

LCNB Corp. (LCNB) was Downgraded by FBR & Co. to ” Mkt Perform”. Earlier the firm had a rating of “Outperform ” on the company shares. FBR & Co. advised their investors in a research report released on Oct 11, 2016.

Many Wall Street Analysts have commented on LCNB Corp.. Company shares were Reiterated by FBR Capital on Jul 19, 2016 to “Outperform”, Firm has raised the Price Target to $ 19 from a previous price target of $18 .

LCNB Corp. closed down -0.07 points or -0.38% at $18.3 with 5,349 shares getting traded on Friday. Post opening the session at $18.37, the shares hit an intraday low of $18.25 and an intraday high of $18.5 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on Aug 30, 2016, Eric J Meilstrup (EVP/Cashier) sold 9,825 shares at $17.54 per share price. According to the SEC, on Aug 7, 2015, Matthew Palmer Layer (Exec Vice President) purchased 323 shares at $15.48 per share price.

LCNB Corp. (LCNB) is a financial holding company. The Company’s subsidiary includes LCNB National Bank (the Bank). The Bank offers commercial and personal banking services. Its services include safe deposit boxes night depositories travelers’ checks cashier’s checks bank-by-mail automated teller machines (ATMs) cash and transaction services debit cards wire transfers electronic funds transfer utility bill collections notary public service personal computer -based cash management services telephone banking PC Internet banking mobile banking and other services tailored for both individuals and businesses. Additional supportive services include online banking bill pay mobile banking and telephone banking. Commercial customers also have both cash management and remote deposit capture products as potential options. LCNB has 35 offices located in Warren Butler Clinton Clermont Hamilton Preble Fayette Ross and Montgomery Counties in Southern Ohio.

LCNB Corp.

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