News articles about Xenith Bankshares (NASDAQ:XBKS) have trended positive on Monday, according to Accern. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Xenith Bankshares earned a media sentiment score of 0.31 on Accern’s scale. Accern also gave news coverage about the bank an impact score of 0 out of 100, indicating that recent news coverage is extremely unlikely to have an impact on the stock’s share price in the near future.
Shares of Xenith Bankshares (NASDAQ XBKS) opened at 31.50 on Monday. The company’s 50 day moving average price is $30.32 and its 200 day moving average price is $27.55. Xenith Bankshares has a 52-week low of $17.86 and a 52-week high of $33.30.
XBKS has been the topic of several research reports. Keefe, Bruyette & Woods upgraded Xenith Bankshares from a “market perform” rating to an “outperform” rating and set a $28.00 price target on the stock in a research report on Thursday, March 23rd. Zacks Investment Research upgraded Xenith Bankshares from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, Stephens initiated coverage on Xenith Bankshares in a research report on Friday, April 7th. They set an “equal weight” rating on the stock.
Xenith Bankshares Company Profile
Xenith Bankshares, Inc, formerly Hampton Roads Bankshares, Inc, is a bank holding company for Xenith Bank. Xenith Bank is a commercial bank specifically targeting the banking needs of middle market and small businesses, local real estate developers and investors, and retail banking clients. Xenith Bank’s regional area of operations spans from Baltimore, Maryland, to Raleigh and eastern North Carolina, complementing its presence in greater Washington, DC, greater Richmond, Virginia, and greater Hampton Roads, Virginia.
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